A few things of note are how it's held the 200 Day MA(Pink Line) and has recently crossed the 20 Day MA(Red Line).
Additionally, the volume has been supportive although it's not the most reliable of indicators with this one.
But one thing to keep in mind is that at present volumes, the Short Ratio(how long for shorts to cover assuming average daily volumes) is around 18 days..relatively high.
Should the shorts be forced to cover on this one it could rally hard.
We will be monitoring it closely for signs of increased interest but as with all our actions, won't hesitate to take profits and stop ourselves out should this one stall.