My impression is that the price of Factoids reacts more and more sensitive on News and also on the Bitcoin-price the more attention Factom gets. That's in general a reason why I personally don't focus much on technical charts. I believe, also the latest price-rise could be more a reaction on the falling BTC-price and there is some anticipation in the market that Factom will get some media-attention because of their very successful sale of shares: https://bnktothefuture.com/pitches/factom-series-a