You could argue that its a bullish engulfing candle ( or a western reversal day same thing )
Looks like the trend is still up but $3.90 looks to be an issue now. Also on the wrong side of the bollinger bands for my liking :/
If it breaks the trend I might bail out although I agree with Stu, support at $3.40 looks good.
Longer term I'd like to be here for the take over if it comes from Eli L.
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