NetApp Forming Technical Wedge Pattern, Poised to Move 30%

NetApp NTAP has been forming a technical wedge patten on the daily chart for several months. The pattern could provide traders with a 20-30% profit depending on the directional break. The key support and resistance levels to watch are the lines highlighted in gold. A break of either support or resistance with volume confirmation should lead the share price to the target ranges that are highlighted in gray.