Actually, last evening, I wasn't expecting to break 8.63 level and stay above. Weekend. Day Traders Profit Taking. Market Just Picking up. So I was anticipating to close above 8.50 and cross the line with good volume on Monday morning. I am already long and hold my position further. I am also of the view Friday's advance is pure technical and on company's value - not on merger rumor. If merger is confirmed, then $ALTR is fine example (we don't know how much it will extend).
Depending on TF, daily looks great. Im already long and have been but fun really starts over 8.62 (previous high) then sharp pullback. Clear skies to $10 if turnaround story works (fundies meet technicals)