It can go up because:
1. The stock is in the channel. The support is around 6.95
2. Ehlers Smoothed Adaptive Momentum is in the green zone. That's mean that we have bullish momentum
3. MACD is bullish
Buy: 8.07
Stop Loss: 6.95
Target:10.31 (2R)
if you have any questions, let me know
Thank You