Getting close to breaking out ..... Missed the entry point to add to my position ($8.30 on Dec 31), so just watching for now. At this point, most technical guys would wait for the actual breakout - there is a fair bit of resistance around 8.80 and lots of sell orders on the Level II. Also, on the TSX, it's still about .50 from the breakout point (because of the strength of the looney).

Problem with waiting, is if it does break out, it could run up quickly. If volume picks up before the breakout, I may even buy pre-emptively. Just in case, I'm placing a stop buy at 8.81 - can't watch it while I'm walking the doggie, lol.