I think they will probably have to cover at 30c. So if we break...

I think they will probably have to cover at 30c. So if we break 30c and stands steady at 31c, then this could go to 40c the next day.
In the meantime 40c is the biggest resistance and if this get lost. All shorts would rush to cover otherwise they will kill themselves. And some who see such a trend change would jump in as well.
It would be just couple of days or weeks issue. None relevant with fundamentals does not need to be any news.
I could see two institutes are fighting each other and atm Long wins. 40c fighting would be extremely exciting. I will wait and see.
Probably offload half load at ~31c or so.
My strategy.