vincefromaspects

PRTS LONG BREAKOUT

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NASDAQ:PRTS   CarParts.com, Inc.
Clear evidence of a symmetrical triangle on the verge of breaking out. I believe the bullish trend leading into this triangle should be a indication of breakout to the upside, however we should also be aware of the potential downside. Breaking below the bottom support of this triangle could lead to a correction testing support at around $ 9.00 - Breaking out above resistance could allow us to test highs of about $ 16.00. -

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