Jun. 24 at 10:43 PM
$PSNL showing early signs of a potential cup-and-handle structure forming, with today’s +13% move adding some momentum confirmation.
Price action is starting to tighten after a longer base, which is usually where you want to see volume and trend participation pick up if a breakout is real.
The broader genomics / biotech tools theme is also active right now, with names like
$TWST $GH $ILMN $TEM moving in sync at times, which helps the sector bid.
Key now is follow-through. Strong base + theme support can matter, but breakout quality depends on whether volume expands and price holds gains above resistance.
Still early, but this is the type of structure worth keeping on watch.
