I'll throw my humble opinion in here - the algorithmic 'pump-priming' that went on last month looks as though it was a brokerage pushing the price higher to then sell into.
A pump and dump then - the question is will we see this pumping again on the next up-swing? If so, then maybe the same will happen, ie price might make a new high, then be sold into, so be prepared for more of this back-and-forth price action. At least we are currently still making slightly higher lows since early Spetember.
Eventually that big-seller will exhaust their pile of paper, and nature can then take it's course. This means a very quick re-rating, based on previous history, and the lack of selling in the queue at present.
RES Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
