JAT. The only chart you need is the daily over years, like db_nolans.
What is happening today is historically significant. This is the highest volume ever recorded, in the first few hours of trade. There must be some news behind the spike, or an announcement of expected earnings about to be clarified. 15 min chart currently is also indicating a bounce.
This has sharply broken the long term downtrend, and there is minimal resistance through to 6c. When it moves, it should rocket through the valley into the 6-9c range.
Good luck.
Edit: Oh, and to answer your question, Yes, this is very likely to punch through 3, which will be the start of the run.
