This counter appears poised to move above resistance at $2.50. A successful breakout would indicate a target of $2.85. This looks attainable, as quarterly momentum broke out of both a downtrend and its equilibrium line earlier this month, accompanied by an expansion in volume.
Prices moved up but have eased over the past two sessions. There should be sufficient momentum to support an uptrend, following the long sideways range this year. Support is at $2.42, below which the target is not valid.
