"and closes between 61¢ and today's close (or higher) tomorrow, it's likely NOT has bottomed at 58¢ technically. An uptrend to 70¢ can be expected next week"

or... to look at the opposing side.... the sp rise is from the expectation that something should be happening because the new CEO takes the chair Monday, which may be true..... or not, in which case the sp could drop right back down again after some traders take a few pennies profit from the rise. We'll know when we get there.