My original thesis for BPFH can be found in this blog postĀ from May. Since then, I traded the stock inside 12631 on the long side and then stepped aside to let the dust settle.
Updating the daily chart, zoomed out and below, you can see the stock has consolidated rather well. If this move above $11.50 now holds, I am stalking a reentry on the long side.
Also note the multi-quarter triangle breakout has decisively confirmed its breakout.
_______________________________________
If you enjoy the content at iBankCoin, please follow us on Twitter