The stock has been in a nice little consolidation at prior resistance level. The price action today is very constructive. Bought initial quantity exposure today. A move to new life-time-highs will make me add to my position.
Stock exhibiting signs of resuming uptrend. Nice correction and bounce off 50-EMA. A reversal sign crops up in the daily three-line break chart (not shown here). Am waiting for a buy signal in MACD to buy this stock.
After prolonged weakness, there are early signs of bottoming-out in the weekly and monthly charts. In the daily-chart, price has had a nice rally which has pushed it into overbought region. Any correction would present a buying opportunity.