Traders like to close technical gaps - there's a big gap between 8-10 cents to be filled, If something does happen fundamentally the stock could open with a breakaway gap which very rarely close and develop forward momentum to close the gap at 10 cents, given the tight capital structure, and news on the re commissioning of wolverine with fyre lake going into production and in particular traders hunting in packs like hungry wolves this has got 10 cents all over it
MNQ Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held