PFPT - Can this sleeper wake up and rise 28% in 10 weeks?

In the lower chart, you can see PFPT's seven year uptrend, still intact. In the upper chart, we look at how the consolidation of the last 27 months could be coming to an end thanks to a symmetrical triangle breakout. Measured target is 150, and if we create a channel thanks to the many contact points, we see that 150 could be hit in as little as 10 weeks. All-time highs around 130 have to be taken out for this gains to be possible; a genuine break above such heavy resistance would almost certainly propel prices to the upside.

Full disclosure: long PFPT at 0.5% of total assets. May increase exposure once resistance at 130 has been definitively take out.