It's also called many times as "The Sleeping Giant".
*RSI first! Indicates strong buying pressure as it does not go lower than 60 as it move upwards.
*MACD is the same.
*Darvas Box - Broke out of darvas box today!
I can think of this as long term investment. BUY AND FORGET!
But I'm a trader, a trend follower at that, so I just bought on breakout. :-)
I don't have a target, I just set stops below 20 period moving average.