With a great earnings report and forecast, with a big christmas quarter coming including first full Q with verissmo in the picture, and with analyst upgrades bound to start pouring in this is going to fly. The only thing holding it back right now is digesting the big leap up along with the current money-sidelining effect of the election uncertainty
Stock has already gone up by 15% so upgrades won't make any difference here. You can see the resistance going forward so it will start coming down a bit and consolidate at around 48-49 in near short term.
Another chart reader like me. I see this the same. Solid company and good future but its hitting resistance. Why I sold my Nov calls the day of earnings. I will get back in if it does fall to 48 again.