Good Evening FSNNers. I just wanted to share a qui
Post# of 3881
Good Evening FSNNers. I just wanted to share a quick chart with some thoughts. Today was a red day with a loss of 3.45% on just over 26,000 shares. Please note on the chart the two down days since two weeks ago today when the stock hit .07. My friends and I began buying that morning. Two down days out of eleven and both were very low in volume as compared to the green days. Also, with the exception of the .09 print two days ago on a bogus trade (imo, since we had 35k sitting at a bid of .10 pre market), the stock has continued to trade above the MA200. Yesterday was out second attempt to break above the horizontal resistance of .15 established back in March and April. Yesterday's test, and failure, to move higher was met with very small selling at the ask of .14. The few buyers today clean out two of the three MMs and only one was left. Approx 2 mil shares have traded since the low of .07, and the stock is up 100%. A red day of only 26k in volume is showing some strong trading imo. Should management release the news we are waiting for, we could see that very sharp move to the upside many are projecting. While it's been mentioned that we might see news as early as today or tomorrow, my thoughts are the Q4 begins on Monday. GLTA