Cup and Handle Pattern in Lannett Co

We seem to be getting a cup and handle forming in LCI at the moment, a classic pattern favored by the O'Neil school of thought. In my book this is an excellent company going for a good price, and with current merger and acquisition activity in the sector I think it has a catalyst for investor interest.
When a stock hits 50 on the Twiggs Momentum scale (50 day or 10 week) it is no mean feat and a sign of strength.