QRM
This rise today is the result of a well established newsletter that has been very bullish on this stock for several years reaffirming a buy recommendation today.
I wouldn't be surprised if there was a retracement from here, perhaps a visit to the top of the 200ma around 5.75 as we are short-term overbought, but I think it's safe to say that the bottom is now in.
I took some profits at the 200ma on the way up, (obviously missing a good chunk of the move, but I don't cry over money not made), but I still have a nice position for the long haul.
