RE:RE:RE:RE:RE:RE:Black Friday sale is on: QTRH at 50% off Getting ready for liftoff.
2.75 was a big historical resistance level. Usually take a few times to knock it down. This is the third attempt, which has a higher success rate. But resistance becomes support so if we get through this than 2.75 becomes the new long term support line.
if people have been watching the tape, you can see that there have been investors with a "buy everything in sight" trade. Have been shaking the tree of weak hands. Picked up a few million shares over past few weeks.
We have seen this before prior to major announcements as it does seem a pattern that there is a leak of information when working on deals.
Someone is in the know and it shows up in the technicals.