I have to say that I feel there's a strong chance of getting back up to the low 40's again within a week. Am I pleased about this? Well, obviously, that increase is good for the portfolio, although I balance that against the fact that I wish the price had stayed low for quite a while longer yet, so I could continue to add to my position.
Considering how we've slowly and steadily increased by over 10 cents in a fairly short period of time, and considering that there are less than 150k visible on the level 2 to get to 30 cents, I suspect we'll continue to rise. As pointed out, people will be buying for TFSA's in a few days. And a close over 30 cents, which is probably fairly likely within a week, will once again attract attention.
But right now, the volume isn't there to signal something big.