Short Term TechnicalsThe price action post Nov 16 euphoria up to now is very, very similar (i.e. consolidation) to what happened from mid-Oct to early Nov (just prior to the buying mania). The only difference is right now it is occurring over a longer time period of several months rather than one month. If so then stock likeky will retest $11 resistance in the near term but potential is there for another "false" mini sell-off (maybe back to low $10's again?) before it takes off on another upleg higher.
So the key is to not fall for any misleading sell-off and to either hold or accumulate and not even bother with flip trading trying to get lower entry price because the volatility will leave you on the sidelines as price takes off on you. Just review Nov 7 to 10, especially Nov 9, when Nov 8 had huge move up closing at the high and next day it somehow opens gap down BELOW the low of the prior day only to end up trading much higher ABOVE the prior day's high by the end of the day.
I do not think same euphoric move happens again in one crazy week, but the potential is there for it to happen again over a couple months this spring. GLTA.