XMSR - hold your horses..she’s going higher

[oldschoolwaver]

When looking at the chart, it's clear XMSR has been creating an ascending triangle since the 12.77 bottom. Once we clear the 14.98 level on the chart, we will start to see some sparks. Another clue with XMSR that it will break out is that the high volume days in this triangle formation have all been to the upside. One of the days was the up day when we made an intra day low of 12.77, but we also had another huge up day on June 26th, with almost 20 million shares traded. These are all early signs of the upcoming breakout.

 

[eoincasey]

Nice chart. Does look like an imminent correction at the very least.