This is a long term set up, that will most likely take sometime to confirm. Price has made a double bottom
at the 200 weekly period
moving average. In addition we are forming a falling wedge
. The size of the wedge
suggests that if it does break it could be a significant move to the up-side.
The candle of the week 02-08 tested the highs made in 2008 as support, an additional strong bullish
We can also see that buying volume
has picked up in the past week. Will be monitoring this stock for a breakout.