This stock may have surpassed its R1 yearly and should be safe for a small entry. However, for a larger entry (unless you have a high appetite for risk) waiting for a reaction tomorrow could be essential in determining if this is the "real" break-out or not.
Having said that, I expect the stock to break-out of its long anticipated descending triangular from its ATH in the early days or weeks of 2020, if it hasn't today, already.
- Bounced off lower base on descending triangular (i.e. did not break to the downside)
- End of negative sinusoidal squeeze is fading (turning to )
- creating a floor ( indicator)
- Momentum is growing ( indicator)
The pay-out date is January 15th or so.
How fast it surges will depend on their continued earnings reports and when Wall St. starts to love the stock again.
Regardless, it is one of my top 2020 stocks and alongside Canadian Energy and Precious Metals, you can't go wrong!
Get in the stock before $80 before its too late.