In a way holding even 3$ is a big achievement considering that it hit 2.60s just 2 weeks ago. In my opinion, i believed the recent run-up to be partly attributed to the expected update around july 4. Looked to me like a potential buy the rumor sell the news event right before top line announcement, so taking place right around now. After the pr, one of three things, we trend back towards the lows, we hold on around 3-30$ or we jump to 3.50s+ which triggers some buying on the technical front and hold into top line. However, it has always been hard to sustain a rally above 3.50s as retail hands eventually thin out and stop buying. We see a lot of parabolic moves here so it can be expected to see any jump fade.