A breakout to over $65 would be a bullish sign, as [[V]] is bumping up against resistance there. It looks like the stock has found some legs after the first week and a half of trading. Keep in mind the lockup period is 6 months so if you’re a trader, buy it for a short to intermediate term trade. If you like the story and buy it for the long term, you’ll probably have a chance to add to your position on a pullback later on.
**CHART UPDATE** 4:01 pm
Looks like we got what we wanted….a Bullish Triangle Breakout
Disclaimer: Investing in stocks involves risk and potential loss of money. Life may take VISA, but your broker doesn’t.
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