$SSBN Daily Chart ~ Second Consecutive Close Above
Post# of 2559
Posted On: 05/20/2014 10:15:15 PM
$SSBN Daily Chart ~ Second Consecutive Close Above Resistance
$SSBN close a little bit higher today and is now up 21.74% for the week and 38.61% for the month, not a bad feat considering the OTC market has been in a bear market for just about 9 weeks. With the exception of one seller of 6,000 shares, who knocked the stock down from 1.42 to 1.07 in less than one minute, it was another solid day for SSBN. The stock saw its highest close of the year at 1.40. Although the volume was the lowest in the last five days, it was good to see that the stock didn't witness any strong profit taking other than the irresponsible sale of those 6k shares earlier in the day. Most all of the shares that have been accumulated by long term holders over the last two months are being held for the upcoming move as SSBN management continues to execute. Again, if you haven't done so, please check the financials and last few releases. There are a lot of assets being brought into SSBN. The technicals are strong with the FullSto and MACDs continued their rise with strong divergence. As I mentioned previously, any material news at this time would more than likely take the stock to not only and intraday high but the highest close since mid 2012.
$SSBN close a little bit higher today and is now up 21.74% for the week and 38.61% for the month, not a bad feat considering the OTC market has been in a bear market for just about 9 weeks. With the exception of one seller of 6,000 shares, who knocked the stock down from 1.42 to 1.07 in less than one minute, it was another solid day for SSBN. The stock saw its highest close of the year at 1.40. Although the volume was the lowest in the last five days, it was good to see that the stock didn't witness any strong profit taking other than the irresponsible sale of those 6k shares earlier in the day. Most all of the shares that have been accumulated by long term holders over the last two months are being held for the upcoming move as SSBN management continues to execute. Again, if you haven't done so, please check the financials and last few releases. There are a lot of assets being brought into SSBN. The technicals are strong with the FullSto and MACDs continued their rise with strong divergence. As I mentioned previously, any material news at this time would more than likely take the stock to not only and intraday high but the highest close since mid 2012.
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