Yeah the stock popped - on news or more a "technical pop".

We need further confirmation of a trend change - more trading volume and esp. more positive news.

Why would this be institutions buying - please elaborate?

The chart is technically "interesting" and could form a breakout of a year-long downtrend .. but other than that?

The volume wasn't that big at all.

https://www.tradingview.com/chart/xwRxXcWq/