The volume with this stock has been absolutely anemic over the past month - trading in the 10's of thousands of shares (literally 16-20k for a day). Earnings are coming up and I suspect their numbers will be good, which could be the catalyst for driving demand. If that happens, then I expect this to make an aggressive exit out of the pennant to new highs. I think the upside is $8/share, bringing it into the $30/share range.
I'm not a financial advisor and I'm not offering financial advice. Everyone should do their own homework before making any decisions!
Good luck and I'm always interested in what you think.
Good luck and I'm always interested in what you think.