all this time the chart has looked like it had gone a bit skewiff of late, when in reality, it has still all the hallmarks of some precision trading.
behold the descending wedge from Oct-Dec, which resulted in the christmas run to 44c, followed by the flag breakout to 50c.
i must admit, i hadn't even seen it until today.
anyhow, the same savvy hands that brought us to the top of cloud cuckoo and back again have obviously not left us, which makes me think that they will also be paying heed to the developing Cup and Handle.
watch for increasing volumes and highs over the coming sessions. if this comes to pass, we could see our 60c target in the event of a PFS greenlight come march.
RHM Price at posting:
35.5¢ Sentiment: Buy Disclosure: Held