When the DIN is anounced and the retail branding information is released, the stock will take off very fast IMO. There are many people that did not forget what happened as the stock launched into the stratosphere on Januarry 22 and they will want to jump on board and ride this next way.
With this, however, will come the consequence of a pull - this is inevitable. However, one has to be on guard for a complete selloff too. After al, why should the shorters and day traders treat this stock any more differently this time around than they did the last?
Major resistance levels of 1.13 and 1.57 will have to be tested on this kind of news so you have to prepare yourself. The other investor to watch for is the guy who chased the stock in February and bought it at 1.30. He has been bagholding for a long time and would like nothing better than to get his money back and get out as quickly as he can. He may not even wait until the next time the stock hits 1.30 and may cut his losses and run at 1.13.
So the bottom line here is not to expect the stock to continually go up and then stay there as new news releases come in. Expect upward trends, some pulls back, some mass selling and profit taking - it's all part of the game. You can use this kind of movement to your advantage by selling some of your stock as you near the upper channel and buying it back on the pull.