Hi firsova
I am happy to give you my opinion, for what it is worth. [There is a proviso though ... I do not use charts for the same reason many people on HC seem to. Most seem to be looking for short term trading targets. I am looking for entries in stocks I intend to hold for long term. So for me the important point is does the Co. pass FA examination]
How I see it is 80 cents looks like a resitance/support line.
[a short term trader might have bought around 60 cents and this would be their exit target] From a long term holder point of view the move has been on historically low volume [see monthly chart] so you have to think it is only a few people who are excited by this Co. [probably not a lot of real support for the move.] If it continues and breaks the 80 cents then 10 cents looks likely as the next hurdle. Currently 70 cents looks likely support [to my eyes] if it falls back.
The important thing here is are you in this Co. for FA or TA reasons? On TA I would be taking my profit and waiting to see if the higher move is worth gambling on. On FA grounds, then I would be holding. If the fundamentals are there the price will surely follow ... one day. The bright spot about the volume is it does seem to be increasing a little bit. I buy into a stock when I see the momentum is positive [I will trade out of it if the momentum turns negative but only with the view of buying back in later] The momentum is clearly POSITIVE. So if I had to make a comment on what this stock is most likely to do I will say, based on the current momentum that is is still going UP.
3 charts a Daily, Weekly and Monthly
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