"What seems strange is that it shot up early with high volume"
Nam I think this is the key for a sustained move back above 40c and hopefully a lot higher for a break of the long term downtrend - ( IMO ) you need to see it start trading above 1m daily turn over - Ignore last week as the high volume on Thursday and Friday was index related.
I posted this before but the price spikes in the past coincided with volume spikes ( as they usually do )
SP Up Early, page-20
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