I am not going to claim to be an expert chartist But take a look...

I am not going to claim to be an expert chartist But take a look at the last times, over the last 6 years, the fast line on the MACD crossed upwards over the slow line, on a weekly chart, just like we are experiencing now.

I've got significant resistance at $2.60, $3.00 then $4.05 on the way up. (other short term traders will have more points of resistance on the way up)

Plenty of time for shorts to cover, and i'm not going to call a short squeeze yet, at $2 the SP is still near its 4 year lows relative to the all time high of $6.50

I see the point where we are at now very significant technically!

DYOR and I'd love to hear from more expert chartists on their take on this.