Very good technical analysis in that video, thanks
Post# of 11899
Very good technical analysis in that video, thanks for posting.
One part I would add to the technical discussion is that on a longer term chart you will see that the amount of volume which took down the PPS from about the half a cent level (~.004 level as well) was rather low daily volume, less than about 5M shares daily, which means the downward move from those levels is not to be trusted. The volume which has taken it up from the .001 levels has been much greater and so is to be trusted more. What we are seeing now, moving up past the 200 DMA and back into the 4's and 5's is merely a "reversion to the mean". This means we have not really even seen the fireworks yet, this is just the beginning! At some point if the 50 day crosses the 200 day average along with positive fundamental developments from the company, THEN we could really see some high volume and a sky rocketing PPS. Do not settle with seeing just the previews, stay for the entire movie, you bought the ticket, you deserve to see the entire feature film!! If you have not yet bought a ticket for the show, that's fine, just do not wait too long, the seats are filling up in the theatre!
Do or do not, there is no try.
GLTA!
$RFMK!