It may and may not, one never knows for sure. What is for sure right now is alot of accum. going on for the last couple weeks, when a pr hit it will not only run, but it will run crazy hard!
I agree, it tested the 50 sma 2 days ago and we bounced off of it. I think it will test it again next week if their still isn't any news. If anything, it let's us know there is solid support under us.