Panjang

2 Year Breakout on StorageVault (SVI.TO)

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This stock has been ranging for a long time. It has not closed above $3 before. Currently, it is trading at $3.12, looking to smash through. We will see how it closes.

In the more than 2- year range the price has broken to new highs only to quickly fizzle. Be aware of that.

Short-term arget near $3.35....although I prefer to use a trailing stop loss given the large range and the possibility of a larger move.

Disclosure: long from the last pop higher (to $3) in late July.


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