This is wound tighter...than a rubber band. Look at the trading range since Jan 4th, very narrow trading range, mostly between 49c and 50c. The odd time the SP will break above to 51c and once down to 46.5c likely because MM's wanted to clear out some stop losses, but the trading range remains in tact.
Reason, in my estimation, the SP is being controlled for a big push upwards. There is oil... only question is exactly how much, how MANY BILLION barrels are there?
Bought a few more shares this morning... I believe it will soon break to the upside.