I have been watching this stock for a while and I have decided that this is a classic cup & handle formation on the 6 month daily chart below imo which indicates a strong buy.
investopedia explanation of "cup & handle" http://investopedia.com/terms/c/cupandhandle.asp
""As the stock comes up to test the old highs, the stock will incur selling pressure by the people who bought at or near the old high. This selling pressure will make the stock price trade sideways with a tendency towards a downtrend for four days to four weeks... then it takes off. Below is an example of a cup and handle chart pattern"" :
6 month daily chart
OIP Price at posting:
13.5¢ Sentiment: Buy Disclosure: Not Held
