Enzyme (MLN), Pennant breakout

On the above daily chart price action has consolidated for approximately 20 days to form a pennant formation. A breakout occurred today. The pennant breakout occurs on past resistance, which now confirms as support. The forecast is straightforward enough with the flagpole measuring a 60% move to the upside. The target area is not to be confused with a market top. Is it possible price action continues to correct further? Sure. Is it probable? No Ww Type: trade Risk: You decide Timeframe for long: 24-48hrs Return: 60%