Well we have had a bit of a stalemate here as the bulls have taken another well earned rest ... The stock is still clearly in uptrend and would need to close below 3.8-3.9c to break that uptrend. The Ascending triangle mentioned above still exists and has flatted off somewhat ...but still in play...
Question is will we see another attempt at the 4.4c wall or not before the close today... or Am Monday?
There is the possibility of a 3rd day of large moves to the north given the very undervalued nature of the stock... to its peers..
Volume has been strong again today telling me the power to move still exists.
I notice a 2.5m share seller sitting there and is continually being pecked at... if the peckers start taking bigger chunks it could be a sign of another rally beginning
And saying that someone just took 300k out of 4.2c...
Way Time will tell...all is IMHO DYOR to confirm
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