Broke out from its downtrend once it hit its support and is now above it EMA it should now go up and test the resistance level.
Consolidation at the bottom of the channel with heavy volume and closed above EMA.
I see this testing the top of it's channel in about 35 days for around a 45% gain.
Lots of volume and maintained a steady uptrend throughout the day. I expect this to test ~12.20 and if it pushes through we should see it test ~13.00 for about a 6% gain.
I expect to see this run up a few more days before retracing as it did around February 26 when a similar breakout was present.