The short answer is yes. The longer one is a bit more complicated... In my opinion, the chart looks extremely bullish. We had a nice break-out and a retest. At the moment: the price sits at a very important resistance, and between the 2 most important EMAs. If we can reclaim the 50 EMA, then we will have a nice run-up. However pay close attention to the volume, because it needs to be high when breaking out!