A close above the 50 day MA (8.40) would be extremely bullish technically and will further validate the change in trend. Then we can get to work on the 100 day MA ! . . lets see if we can get their by tomorrow afternoon and set up another strong week to follow . .
A break through the 50 day ideally would happen tomorrow on strong volume. Today should be relatively quiet and will likely trade within yesterday's trading range. The top of the bollinger band is $8.24 today so that price might be a magnet.
Today panned out as expected and it is bullish that the stock traded well in a bad market. Tomorrow should be interesting. Do we break above the 50 day, have another quiet day or rollover? I'm optimistic that it will be a good day unless the general market sells off hard.