RE:Frankfurt trading but weird todayI noted the same, however volume is still light.
IMO, it's likely that two events could get the stock price moving in a sustainable manner; major media coverage and substantial progress on the desulphurization. There have been many positive developments during the last month and a half, however these developments have stabilized the stock price in this range and not led to an increase. BTW, it's nice that the stock price is showing some stability here.
Technically, volume has dried up and the short positions have substantially decreased. So, substantial good news would move the stock higher, imo.
Cielo is getting media coverage on Canada's major news network BNN, during this weekend. Keep in mind, this is a recorded show on the weekend and not the main live coverage which is much more subscribed to during the regular week.
The announced news coverage is most likely having a positive effect on the stock price.