Above $1.49 is bullish and $1.60 will clear the way to a move much higher. There are so many patterns that are supporting a move up. Reversal Head & Shoulders ($2.25), Cup & Handles ($2.65), continuation move from our October '13-April '14 ($3.10), etc.

Honestly, with a company like this that can prove a breakthrough technology, or land a big name CEO, or even receive a buy out bid- all Technical Analysis should / could be thrown out the window. But from a TA perspective, things are beginning to line up and will atleast reduce some of the headwinds that has maybe kept POET from moving up.

Cheers!

http://stockcharts.com/h-sc/ui?s=PTK.V&p=W&b=5&g=0&id=p09571286733&listNum=7&a=411096444