This IPO stock had a very impressive run after hitting the low of 39 cents on 16th May 2016 it had since managed to trend higher to touch 54.5 cents on 3rd June 2016.
The volume is quite high and this is generally rather positive.
Another positive point is that it was able to cross over the recent high of 52 cents that was being attained on 11th May 2016. This is a good confirmation that the share price may continue to trend higher.
Also both Macd & Rsi are still rising that may further strengthen this indication for a further rise towards 60 cents then 65 cents with extension to 70 cents.
(trade base on your own decision)
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