50MA is coming up next week and the last two times it hit... it exploded. The handle has solid definition and support at 2.00 with strong bids at 2.05-2.06. There are major trend lines
coming to confluence at the end of next week. And by that time the Stoch
should be in line for a upward trend. Due to the large float the machines will take over and stop the majority of the DT/swing traders out... I see it hitting below 2 but not below 1.90 and the further out in the week we go the less of a dip do to the trend lines
. But with out inept gov
you never know as they were the reason for the nose dive and big red candle this week as it was taking off... I think this in the end is a good thing as we are still building a solid base.
Has been on my radar since .72... long since 1.52.... avg... 33,600 shares @ 2.14