this has been a fairly easy one to chart but frustrating in the time it took. but as you all know the greater the base the bigger the move. so we had a retracement from 6.69 to 5.42. now this leg to about 7.20. but look at the weekly for big moves. we are in one. the macd is just crossing the signal line just over 0. the slow stokastic turned %k just signaled a buy from deep oversold. this is eventually going to 10 or 11. but the next leg will start from around the top of the gap.
Meant to say that short term it is over bought.......due to correct some and consolidate gains. I'd like to see it come back into the 6.09~6.27 gap and back to the 20-day SMA and/or the 50-day SMA for the buy.