TechnicalsBullish
Retesting 200MA for the fourth time. We broke out of a two-months continuation wedge from Nov 14, 2022 with yesterday's close. If it is confirmed with today's close we are looking at 60 day trend of $12.50 to $13.50. What I want to see is SP shoot past the 50MA on the daily and stick above for some time then we are set to take off.
Only bullish catalysts in the intermediate foreseeable period which should allow the trend to play out nicely...especially in a time when we will be attracting investors from across the spectrum from those looking for growth or just a nice dividend.