This company just launched it's IPO. Already you have technicals forming. In addition, the earnings are strong and with volume at the support line and small candles, I can tell that someone on the inside is convinced it will continue upward.
Also, doing extensive research into the kind of operations this company has made in the past. They would not have gone public if they didn't think they had something to show. They have yet to release their most recent earnings which I think, will be positive and will lead to a good profit.