great day!looks like 1.50 may be new support.. great to see...

great day!

looks like 1.50 may be new support.. great to see price finish right towards the top of today's bar, which perhaps indicates that there's not too much selling into this upward move, or at least that selling ultimately fizzled out during the day which allowed the stock to close just under its high towards the end of the session (IMO its the latter)..

also there was a bit of a backtest of 1.50 intraday, right in the middle of the session, but what will be convincing will be a backtest of 1.50 tomorrow... If that occurs and we close above it then I'd call that a pretty safe entry for anyone who's looking to get in, espcially if it is a lower volume narrow spread day...

only concern IMO opinion is stochastic on weekly is way overbought... but we'll see tomorrow...