I am in with a tight stop at 3.8. Not all indicators have aligned just yet. Volume is the key. However I took a punt should have waited for a testing of 4 as support. Looks like a lot of prop bids and the volume is not sustained. Someone definitely wants in. The question is not the seller but when the buyer stops and who will prevent the sp from declining hence the reason to watch the sp closely. The seller if he was dumping at 3.1 would have sold at these levels. Big players will always use TA and the only reason to panick sell is if they needed the cash desperately or knew Armageddon was around the corner. Keep in mind oz the selling was done at low volume. All this stock needed was a slight bit of interest and u c the result.
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I am in with a tight stop at 3.8. Not all indicators have...
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