carving out a nice wedge
here after a multi-month pullback. Yesterday’s price action produced an almost perfect bullish
reversal Dragonfly Doji
, which is just about to kiss the underside of the wedge
resistance line and 50 DMA. Plenty of recent Insider buying activity going on, with short interest ratio (days to cover) at 8.9. A clean break above (1) should suffice for a run-up to $8.