Technical reasons 1. price above shorter ,medium and long term EMAs 2. 18>50>100>200 day EMA suggesting bullish momentum 3.MACD above signal and zero line (12-26) while 50-100 is above signal line (but below zero) 4.price restesting the horizontal trendline (IPO level),18 day EMA 5.Inside bar formation in weekly charts above 18 day EMA 6.aymmetrical traingle BO