INSG 50 EMA support inside falling wedge

INSG has pulled back very nicely to the 50% retracement, which was also the breakout level, after reaching its highest price since 2009. Currently consolidating in a bullish falling wedge, price has found strong support on the 50 EMA which means a potentially imminent resumption of uptrend. I am looking for the wedge breakout which I anticipate will occur around $11.50 to initiate a position. I would like to see MACD turn positive and the 14 RSI break the 50 EMA (purple dotted line) which, in my experience, has been a reliable indicator.