has a gap to cover from 9.06 - 9.54, it was uptrending and then formed a flag at the 1/3 line, if it breaks out into an uptrend I imagine it will see resistance at the 2/3 line. Parabolic SAR
both confirm that it's not overbought. Today it saw an outside bar that was much wider than the previous bar, encompassed the trading range of the previous 3 bars, the rally preceding the bar was sharp, volume
was greater today than the previous 3 days, and price today closed only 5 cents away from the high of the day. These characteristics of the outside bar confirm its significance. I believe this is the beginning of a short term uptrend.