The stock is oversold on all technicals, that is why it bounced. And it hit a supportlevel. Nothing else made stock go up. And even the bounce isn't that severe. The stock is up 60 cents from close yesterday.
Nothing but probably some big covering and momentum buying. And CNBC keeps 'advertising' this as a good investment (which is insane). Anyway, $26.40 is extremely tough resistance. This will putter out up to that and get destroyed because this stock is awful. This is a gigantic don't buy. Will be a good short sell entry in the coming sessions though.