PKX - Follow Up

POSCO (PKX) has broken out as I thought it would. Unfortunately for me, it went without me as I was waiting on the volume to come in. In retrospect I should have picked up 1/2 a position or so when it broke through as there was a good likelihood that the volume would eventually come and when it did it'd ramp. The stock is in no man's land now so I have to wait for a bit of a base or a pullback before getting in at this point.

PKX ready to explode?

PKX looks very similar to DRYS and EXM just before they started moving. I'll likely get long PKX on a move through the declining tops with a short term target of about 145 and looking for 160+ over the course of a few weeks.