This setup has been a long time coming. The chart has been bullish ever since the Imperial Brands deal. The golden cross (of the 200MA/50MA) is a very strong indicator of bullishness. Given that this stock really didn't rally as much as it could have on the back of the IB deal, I expect this, plus any minor catalysts in the short term could send this stock on a...
Price recently broke above the daily 200MA after steadily rising out of 2018's falling wedge. Bollinger bands are tightening. I would monitor that in the short term for the next break upward. Absent negative news, the company's fundamentals give this stock a strong reason to run up on these bullish signals (cash position of roughly $40M and assets of $105M total...
