Good price action this week with massive volumes also, question...

Good price action this week with massive volumes also, question is is this a "fakeout" with news likely due any day to try and trigger a rally to sell into? Or is the action real and some are positioning for a good result?

Seems we are overdue for an update with regards to the unresolved class-action, I'm certainly beginning to wonder if perhaps the whispers are starting to circle.......

With this ridiculously horrendous daily bar (not finished the day yet but not looking good) a "fakeout" seems plausible to run stops on the upside, counter is also possible with the recent move below 25c running stops on the downside, either way the next move should be large with any support or resistance now cleared until something big happens, hoping it's upside but chart is saying no