CNQR looks like a good trade

CNQR appears to have been in an uptrend channel for the last six months.In that time span, its RSI5 has dipped below 30 on three occasions, each time followed by a quick return above the 5-day MA in only a few days.  Its William %R(14) has also dipped below -80 on three occasions (two of which coincided with RSI5 dips), and each time it was followed by a sizable gain. Today CNQR shows all these signs:

1. RSI5 just dipped below 20.
2. %R just dipped to -100.
3. It closed below its lower Bollinger band range.
4. Chaikin Money Flow is still in positive territory

Is it too good to be true? Based on these signs, a gain of 2% or 3% in the next few days seems very likely.

EDIT: It closed at 52.81 on Monday 1/3, so yes, it would have been a good trade.