Heres what I see;
1st target to break is the 11.95/12.00 mark. If so, then 12.50 is next resistance, with 13.66 after that.
If 12 does not break next trading day, then I expect range trading between this 12 and 10.90s. Could form a new pattern, such as pennant mentioned above for better clues on next the move.
There is a small overhead gap at 14.07ish, and a larger gap in the 18s. These are longer term targets, so just good to know now for warm and fuzzys.
Upper BB band has room to move up to 12.50s and more on the weekly.
RSI14 on daily chart is at 61, so has room to move upward before overbought area at 80+.
MACD on daily has turned upward and about to cross. These runs typically last a couple weeks before petering out....heres hoping!
Last candle was very bullish engulfing candle (and to all the fundamentalists 'yes its because of FA not TA'). Down side here is the long upper wick.
Trend lines currently being obeyed, which is a nice steady wide trend, which could see 13s touch within weeks.
200EMA cross (golden cross), has been obliterated!
Both Daily and Weekly show clear Elliot wave formation, with this being the 5th wave. However some guidelines for validity are not being obeyed.
All in all, daily and weekly charts are positive. After a single bullish engulfing candle there are no daily patterns to base a near term price target off...will need a few more candles as data points. 12.50s next few days are possible based on upper BBs and trend lines.
GLTA!
DAILY:
