we have a strong uptrend with a correction coming in, if the past tells us the future. and after that we should see another long swing.
So, take your positions, or do not. I am pretty sure the uptrend is broken soon and will end up in a correction, wich leads us to the next upward movement.
Happy trading for you and a good start into this week!
Right now, it seems that price just forms new high, followed by little pullbacks, caused by profit taking. So my advice for this stock is: trade it actively. That means, wait for a pullback to end, enter a position and trail the stop until either a new high, or until the next correction comes in. For me, I use the daily chart, and my pullback entry criteria is a green candle that closes higher than the last candle was at its high.
Hope that helps? let me know!