The cup was complete, and the handle formation can be the next point of entry.

Pullback entry: $95, also where the 200-day moving average sits

Target: a measured-move, calculated as the rim ($94.49) plus the cup depth ($19.82), sits at $114.31.

The pace of that climb is what demands attention. In the last five sessions, IGV has gained 14.6%, going from $94 to $108 while pushing the RSI to 81.8 and the Bollinger Band percentage to 129% — the stock is positioned above the upper band. On May 29, volume came in at 1.8 times the 20-day average. On June 1, it was 1.83 times. This is a parabolic acceleration into resistance, and while parabolic moves can extend further than reason suggests, they also tend to resolve one of two ways: through or…