It looks like the begining of a move to the upside in a large way, that is just from a TA perspective, from an FA perspective the shares are cheap, the firm is growing, and insiders bought at 22, and 13, needless to say I am long - from 11.10, 5,000 shares, although I may double it if it continues to act well.
True, but stock needs some momentum. It seems to be able to push its way toward 11.50, but then retraces back down to 11.00. Until it can start holding some if its gains, I think we are stuck in this pattern unless some news catalyst moves it.
I would be thrilled if it could hold in the 11.40's today and then show some strength in the next day or two to push it up in 14.70's. Of course, the recent history has been it will turn back to the 11.20's then 11.00 and work back up. Wash, rinse, repeat.