Don't know much about the news and it seems to me that the news will be already included in the ticker price already so I can only go by what I see... 1) The daily bollinger bands, or the moving averages if u will, the 20 (middle bollinger) and the 12 (blue line) have crossed below which is very bullish and that is when the jump happened to the upper bollinger...
Loom will have a big month for May. We have just finished the correction from wave 1. Wave 3 hopefully should hit 10,000 sats and come down to the .618 as Wave 1's retracement was deep thus, Wave 4's retracement should not be so deep as to follow EW principle. Then Wave 5 will take us much higher based on the projections... Have fun and enjoy life :)
A nice 5 wave up followed by a nice ABC correction labeled A to E. Found major support at the 0.786 level. Has been consolidating for days. Lower lows on the histogram and has been below zero for awhile. The EMAs are ready to cross and by all means all signs are bullish.