CUP AND HANDLE Formation and good news floor the next 100% gain.

What's up Lads and Ladies!

Here once again we can see a pretty nice cup and handle formation. Neckline is around 830 pretty well respected and will be the first big target when it breaks out at around 535. The next bigger still possible point will be at 1050. Since there are news about a potential new exchange listing this handle breakout is getting more and more likely. It might push it over 1050, not for a long time though.

Cheers, Tomas