Absolutely. Friday was a shake out of the weak hands. Drop the price, scare retail, scoop up the cheap shares and then the run up continues.
The slight retraction was to grab shares from those who entered at a high level, chasing the spike, rather than being patient and waiting for a pullback.
It's a really simple plan. If you bought in at a much lower price, just hold on and go for the ride.
This is going higher.