Bullish Pennant Breakout in Jakks Pacific
Looks ready to break out of its bullish Pennant Consolidation over $9.70. Very Strong Ichimoku Buy signal. Held and Bouncing off of cloud support after during turmoil. Setting up for a bullish MACD cross as well with VERY high Short interest over 34% with 16 days to cover. Recent ActivistHedge Fund position and Big Buy Back announced last qtr. Potential takeover candidate as well with Lucrative Disney Licenses.
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