Wait for SBCF to hit 1.5 before going long, potential to hit 2.4

Wait for SBCF to hit 1.5 before going long, potential to hit 2.4

A reader requested a stock chart for SBCF, here's my technical analysis:

SBCF is up against resistance at 1.85. It has to close above 1.85 to make a move at 2.4. If it fails to breakthrough 1.85 then it will drop back to support from trendline A around 1.5. Overall I wouldn't go long SBCF here, but if it gets to 1.5 then it's a decent long play.

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