Another forming a Bullish Ascending Triangle with good up side potential. On a one year daily chart it looks like a Cup and Handle formation without the handle portion. I don't see this too often. A Cup and Handle formation is one of the more reliable ones and I'm surprized it has not formed. So same caution here as my previous chart. Wait for confirmation of breakout on high volume. In this case, entry would be at $1.93 with volume over 790,000. Initial target $2.08 for gains of 7.7% followed by $2.28 for gains of 18.1%. Stop loss is the same as the previous chart, meaning a close below the lower trend line which right now sits around $1.83.

See chart here and other weekly picks here.