RXRX breakout

The RXRX daily chart as of June 6, 2025, reveals both a double bottom and a cup and handle pattern, with the stock at $5.56 nearing a key resistance at $6.06. The double bottom (lows at $4.00 in April and May) and cup and handle (spanning April to June) both indicate a bullish breakout if the price closes above $6.06, targeting $8.00–$8.12, which aligns with your prediction of increased momentum toward $8.00. High volume near the patterns’ completion supports potential bullish momentum, but a failure to break $6.06 could lead to consolidation or a drop back to $4.00–$5.00, making it prudent to wait for confirmation before taking action.