After the crazyness Friday, all the stop losses that
After the crazyness Friday, all the stop losses that amateur traders set got triggered. it formed a huge bullish hammer indicating a continuation of the trend. All the possible gaps down to low double zeros were filled. This chart has huge strength and has churned after every level of resistance broken. This is a long hold IMO. I have been slowly reducing my rather large position on the way up into new hands to keep the run going. The key to this strength is the churn. New money comes in hungry for green, after each level of resistance we break through more new money comes in. $0.01 is a huge resistance for all stocks. For the OTC it is the limit for OTCQB status. A stock must trade above 0.01 for 30 consecutive days in order to be eligible. If you are willing to wait on the churn, this has serious strength.
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