I've seen this happen a few times with high potential companies...

I've seen this happen a few times with high potential companies at this stage. They come out with an announcement which is fundamentally brilliant, and the share price shoots off the lows but can't break through the previous resistance (shown above by Ultra). Given my previous experiences and the wider macro environment not being very accommodating to this type of stock (very early stage tech, promising but no current revenue/profit), I wouldn't be surprised to see it drop back into the 30s.
Don't get me wrong, I thought the announcement was a game changer and long term I'm very bullish. For me it is my signal to look to get back into 4DX. So in that sense I see it as great buying at these prices for the long term holder.