were you looking after hrs? last trade 8.2...high 8.3...get real with your price...all day it never bottomed below 6.7 after the initial run up...look at the year chart...no resistance after 8.35 to around over 10 then over 11
cover early shorty
the good sign to continue was a close after hrs above 3...a close around 2.8 after hrs when it closed reg mkt at 2.9 would have been bad...but it closed after hrs higher than the high of the day...with all the interest in this stock over the weekend, I think it can be 3.5-3.7 intraday before pulling back...
the test will be passing 5 bucks...check the long term chart...huge volume past few trading days too which is a good sign to continue
and cover early on monday
for one thing, it closed above the high of the day in the reg mkt after hrs...3.03 compared to 3 bucks...shorts were trying to keep it near 2.8 after hrs and couldn't do it...the main resistance on the chart next is around 5 bucks...as long as the big volume continues and it doesn't spike early in the day up a big % and close negative...it should continue