Watching for Breakout in ORBK

ORBK is in a strong long-term uptrend. Multiple times it has consolidated near prior peaks and then broken out for a 10%+ advance.

No trade yet. Letting the stock consolidate. It if does, then will consider a long trade on a breakout higher. Do nothing if the stock breaks lower first.

High momentum stock, so could also use a trailing stop loss for exit instead of the target-based approach.

Disclosure: no position yet.