Posted On: 04/17/2015 12:44:59 PM
Post# of 74805
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Technicals are looking good: There is steady price increase with a continuing uptrend in positive volume accumulation. This indicates that money is flowing into the stock as interest in the stock is still increasing. The volume is a little low, but its positive inflow into the stock rather than flow out of the stock. The prices is holding up well, with support levels creeping upward and the only major resistance level being at .24.
If it breaks above .24 then we will be at a new high for the day, with upward pressure. The short sellers will experience a squeeze.
If it breaks above .24 then we will be at a new high for the day, with upward pressure. The short sellers will experience a squeeze.
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