Funnily enough, that is the end-point of the falling wedge I mentioned earlier, though I've never seen one go right to the tip.
The likely scenario with these is an upside break, but as with all trading there are no guarantees. It is possible for one to break down, but the more common failure involves a false break or just kind of dribbling out sideways.
So, if it doesn't hold right about here, the only re-entry I'd take would look something like below, at 1 &/or 2.
MFG Price at posting:
$9.05 Sentiment: Buy Disclosure: Held
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