Come on now....how many times has it been proven that the traditional TA's don't apply to this stock? It ALWAYS gives you an opportunity to kick yourself for not selling. ALWAYS. When was that a wrong statement??
There will undoubtedly be many chances to buy and sell before that print. I certainly not advising anyone to buy and hold for 6-8 weeks. FYI the bottom of the channel is now above 3 so without news I don't think you will get 2.90 again.