When you depress a cork in water then the natural thing for it is to bob right up.
So it takes no technicals to make that assumption.

Could it be that you see news coming shortly? ( I though we would have some by now.)

Just what does 'shortly' mean? Is it the same as what JJ says? In a day or is it a month?
I suspect they have a few hole results from AT12 and likely first deep one from Eagle. As to when, JJ could say 'Shortly' but she has not said so yet.

And what technicals? No technicals involved imo.
Recent sp extremes are about $1.23 and 1.35, that is why I hoped to buy some at 1.23.
Larger extremes further back are 1.19 and 1.40 regions.
So depending on how profound the influence on sp, these are the likely bounds it will swing in. No technicals involved just observation and memory. Throw in extreme news and these boundries become meaningless.

Sorry to throw on a wet blanket, but I could not fall asleep right away ( watched World Cup) so am here being very picky, lol.