70-80 percent of the time for me,yes. There are indicators that you can tell if a stock is bullish or not. You can go to stock charts and they have some free courses/good reads you can take on it. This stock was clearly oversold, and in accumulation mode, bouncing off all time low. That's very good. It's holding higher lows of the day(3 in a row), and has support in low- mid .03s.