In fact, I'd bet all those shorts got issued today because of the double top and technicals. If it breaks below $52, then look for all those shorts to cover around $40 which should drive a really sharp swing back up.
Not trying to be difficult, but please understand you're talking to someone that has watched this specific stock's price fluctuations and news every single day for months now. This is not a normal stock that you can rely on technical data to predict.