RE:Breaking $4...
I agree with you on as a trading issue, but as for getting in at this level for the long term, I wouldn't.
It's trading well due to rumours of news I believe, but it may be a mistake if traders choose to stay in for news.
This IMO, should be another sell on news event, when or if it happens this week.
The pumpers know this, that's why they're pumping now. They'll go silent later as usual.