Prior to MAY 2017 GLOW received virtually no movement in terms of volume even after an announcement in April 2017 that the company was out of compliance with NYSE.
Upon the news of GLOW regaining compliance with NYSE on 23 MAR the volume jumped the most since DEC 2017. Companies 8K from MAR 23
listed the Stockholder's Equity at 12.3 M (double the requirement...
Already hit the resistance at $27.60. Looks to continue its uptrend towards the next resistance at $27.60. Should be able to profit for 3% at 27.55 or 5% at $28.08
RSI is -10 compared to the last bounce. The share has witnessed an identical 1.60 lowering of price since the last bounce. 13.6 resistance recently broken. A repeat bounce of 1.78% would bring it to this resistance again.
Trying to decide if people are attempting to average their losses after buying in at 1.32 and 1.22 respectively. On the other hand highest volume days contributing to the price rising above a 1.0 average out at .89 . BB and RSI support at a minimum reaching .95
