I have been reading the tape on this stock for a while, and there is a massive accumulation. I don't think the trend will hold the price. Supports on the weekly chart are very strong. I think this one will go to 5.
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Comments
sublimares2
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Actually, it looks very bearish to me- I might be wrong. Downtrend channel, no breakout yet, price at resistance 3.4, another strong resistance at 3.8. Price is on its way to re-test the trend line.