1. Price has crossed above the 10EMA.
2. MACD is poised to generate a buy signal.
3. RS is recovering and building up.
Daily Chart
Price has crossed above 10EMA, 20 and 50SMA. The last time it did -early August, it made a run from 5.75 until it tanked at 10.90.
Conclusion:
Poised to breakout of its sideways movement.
Bullish on short and medium term.
If trading range is broken, pattern target: P14
