This could be a one year 1-2 Elliot correction wave that leaps into a massive wave 3 of 5 up next. News of an AI deal or huge progress in India would be the trigger.

Or double bottom. Either way it is smart place to load up as no convertible share dilution can hold us back while the fillings are late. News of possible news ran my last fav stock up 1000% in this sort of situation.