Patriot One continues to trade higher. The shares look good technically, with the 50 DMA now trending upwards and the stock moving through the 100 DMA. In addition, a move through $.72 would complete a breakout from a Cup & Handle formation and should push the shares back to the next resistance which is $.90. This is also where it will likely encounter the 200 DMA and could prove to be a difficult level to get through.
With positive catalysts in front of the Company, the technicals are confirming what the fundamentals are telling us. Things are looking good for PTOTF.