TWM - Up in the long run?

Supposedly a private firm has taken a large position in this company which is forecast to generate cash in the future barring anything unforeseen.
My preferred indicators are rising and if it surpasses resistance between .90 - 1.22 I'm looking for a higher move.
Do you own DD. This is my Wild Ass Guess (WAG) for entertainment purposes. (This is not professional investment advice)