Chart looks good for a move up ... but most of the crystal balling comes from being confident that the broad market rally is helping increase the odds... the fundamentals are awesome for the last period and show some seriously good management in times of stress during 2008. Not much chance of a dilution as they have gobs of cash, and selling under NAV.
Level II shows a consistent open gap of about 3 to 5 cents each morning and the trading takes place in the market (between the bid and ask), and little by little the bid is edging up to chase the opening ask.... which is getting away to the upside which is a bullish level II observation.
Asks are sparse and volume is low as it should be when the price hits support.
79,000,000 shares is good
Trend is up by many Yardsticks I use.
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