First, most of the NG plays have backed off today, Second, one cent down from a run below $5.10 means nothing and the day is not yet over. Third, if you are a long you are not a very smart one, if you are really a lying short you are more clever but equally annoying. Ignore for you.
It does look like it put in a quick intermediate double bottom at 5.05 and 5.07 last week. Could rebound now to 5.50. If it breaks above that, it could head back to 6 where it will find technical resistance.
If there is a positive catalyst soon, it could push through that resistance. What would be a catalyst? They have less than 3 weeks left on the retention agreement for their senior execs - when is the new CEO going to be named?