The IPO's over the last 12 months are certainly enjoying themselves out there and $CART continues to catch my eyes because of this bullish set up.
The bull flag is still forming and there has not been a breakout yet and we can see that the 50 Day MA aligns with the breakout level too, so until a breakout happens, this is not a buy for me BUT if it does breakout and hold on the outside of this flag, especially above the 0.38 Fib at $32, this would be a good buy to get a move up to the blue line at $42....and could extend higher.
There are opportunities like this every week.