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!
Trade what you see, not what you think
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!