Technically, it's looking pretty positive. Break-out of...

Technically, it's looking pretty positive.

Break-out of downtrend on relatively high volume
Green days are high volume days
MFI not looking overbought, room to move there
about to see a golden cross up of the 10MA above the 50MA
Stochastics positive
Comfortably above the stop and return levels, which are below the lower channel.
putting in higher lows
longer tails in the base of the recent candles, indicating buyers entering the market intra-day and taking out cheap stock.

I have a short term target of $11 but think we could easily see more than that come results time in October, especially if they bump that dividend, which would only be a continuation of the stable and growing dividend. From memory, they have some room to move in their payout ratio too, so here's hoping!

Strong buy for me. Don't miss out on the trend change!