The chart shows good volume behaviour with rising volume in the advances and falling volume for declines/sideway action. There may be some concern with the lower volume for the push from $9.24 to $11.21 compared to from $6.97 to $10.42 - but a protective stop would provide the necessary protection.
Lovely cup-and-handle on the weekly chart with great relative strength with respect to the S&P:
Point-n-figure chart is still running from the May 16th Double Top Breakout with target of $19.50.
Option buyers can look to the January 2010 $5 strike calls going for $6.80 from the ask. This is a $0.70 time premium with almost double leverage. Compare that to the $0.25 ask price for a $12.50 strike expiring this September.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, market alerts and stock charts website