So far it's risen on higher volumes and dropped on lower...

So far it's risen on higher volumes and dropped on lower volumes, a good sign.

When it tapped the low 30's it was well outside the bollinger bands so not surprising it's pulled back some within the band range.

Now it really comes down to how much of the big money is willing to stay around for the ride as they drill down to the pay zone.

If the big money starts offloading then yes it's going to drop but if steady hands prevail then it'll be an interesting ride up.

All depends what the instos underpinning this company are looking to do. Generally they buy the rumour and sell the fact, lets see how it plays out.