Three months in the making of this Descending Triangle. Oversold condition turning around and a nice pop on Friday to move it above the 20 SMA makes Baja and interesting stock to start the New Year. The way to play the Descending Triangle is to wait for confirmation of breakout on above average volume above the downwards trend line. This has not yet happened. So for now, watch it over the next few days and if it post a green candle above the downtrend (which would be around $1.15) we should have a run to at least it's 52 week high at $1.38 for gains of 20% as the first target. This also coincides with the measured move from the breakout on a Descending Triangle. Second target is minor resistance at $1.47 and last target is $1.60 for possible total gains in this swing trade of 39.1%.

See chart here and other picks here.

Cheers!