- On Thursday, we saw the share advance by 13% on the highest volume since 13 November and the second highest volume since August 2020.
- The share has broken its downward trend line while the RSI has also breached its downward trend line from the 27 August IPO peak.
- Looks to now have firmly reclaimed the 8/21EMA.
- If it trades above $74.00 (firmly above pivot at this level), that could add fuel for short covering.
- Short Interest currently stands above 25%.
