Great question and there are many more qualified investors/traders here to answer that one. Yes whilst it is possible, it needs to be supported by volume which at present there is alot of accumulation going on.
Perhaps post your question to some of the resident experts as I would be interested in their opinion too. Great question...
Have a great day, I am heading out to go and catch some dinner.
Cheers
GF
IBN Price at posting:
3.0¢ Sentiment: None Disclosure: Held