This is a very kick ass setup that has the potential to go parabolic. The float is microscopic at 4.2M shares and the energy is getting hot.

The price closed above the 61.8% fib ($1.14) which was prior resistance. Also it broke out of the descending trend line on the weekly.

Last but not least the MACD cross is bullish AF. Love the MACD indicator.
Technical IndicatorsTrend Analysis

Also on:

Disclaimer