A tightly held stock that has performed well since IPO
In a distribution/consolidation phase
Looking for the next step higher
Watch for buying above 35c indicative of continuation of trend
After an aggressive start and a 70% move up from a 20c base there has been some distribution within the 30c - 35c range. Low liquidity so any move could see another jump higher of similar magnitude.
Consolidation at this level pending further rises with tight stops however ATR would indicate you will need to be slightly lenient so as not to be flushed by the MM. GLTAH
