A lot of noise around this stock. Pump & Dump?
Not attractive to me until price has broken out and closed at all time highs.
Volume is very heavy for the past weeks. Especially considered against previous volume. This is a very bullish hint.
However, a friendly reminder that the chart you are seeing here is of the Monthly time frame (my predilection). There are 28 more days to go. Only after can we truly get a complete picture of the meaning of this candle.
As to me, back in August, price traded at 16usd before being sent down to 6usd ... this stock will only be attractive to me once there are no more overhead bears craving to short or step out for a breakeven. Plan would be to trail with a 10 EMA (M).
Pay attention to Pump & Dump schemes here. It's a Nyse stock, it is subject to a more stringent control and regulations but still ...
Cheers
Not attractive to me until price has broken out and closed at all time highs.
Volume is very heavy for the past weeks. Especially considered against previous volume. This is a very bullish hint.
However, a friendly reminder that the chart you are seeing here is of the Monthly time frame (my predilection). There are 28 more days to go. Only after can we truly get a complete picture of the meaning of this candle.
As to me, back in August, price traded at 16usd before being sent down to 6usd ... this stock will only be attractive to me once there are no more overhead bears craving to short or step out for a breakeven. Plan would be to trail with a 10 EMA (M).
Pay attention to Pump & Dump schemes here. It's a Nyse stock, it is subject to a more stringent control and regulations but still ...
Cheers