The thing with markets, if everyone expected it to go lower running up to nasdaq and sold early, maybe the selling got exhausted already and theres minimal left. Now people fomo in because they don't want to miss the bottom.
That said, we had a run a few weeks back that did the same thing and sold back down, so its anyones guess.
IHL Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held