I've been watching this trading pattern for the last 2 1/2 months. The Bollinger bands are narrowing to .495 to .54 and getting narrower as each day goes by suggesting to me that the SP is nearing a break out point but one can't see which way the breakout will go, up or down. With the increased volume lately, IMO, it will help in making the breakout definitive and hopefully to the upside with some good news from the company.
d0lph is a better at charting than I am but I'm sure he will agree on my analasis - GLTU