I do think it's probably a little overbought, however, I think it will make a run to 40's short term. Put the chart aside, I think it has a great catalyst going forward. My personal belief is if it retraces back to the 20's, one should consider adding this to their watchlist because once the FDA approval comes in, it will shoot to $1.00 easily. They are expecting an FDA approval sometime from July to August, now with that being said, there is CC on Wednesday, which some think maybe an FDA announcement, that's why I think it will probably run to the 40's by that time.