Before jumping to conclusions, it would make sense to await confirmation. Until there is a strong breakout above the recent high of 217, I would be cautious in this stock.
On the contrary, a breakout past 217 would have extreme connotation. The will mean that 4-year long accumulation is over and the stock could then get into a major mark-up or uptrending phase.
Let's watch this stock for further clues. It could offer a nice trade in one direction or the other.