My opinion is this stock will grow again and pretty soon. It is under accumulation because the price is holding at the resistance lows and some investors are buying millions of shares. The volume is high and the trend has been downwards. At the peak or bottom when the volume is significantly higher (peaking) than usual that is a sign of trend reversal to me. When the volume is too high but the price is somehow stable, I see that as a trend reversal and I think in a couple of days we will see trend reversal. Now, trend reversal does not mean 2$ next week, it just means we will see some greens and price moving north. If I am wrong I will make a loss, if I am not wrong I will make some profit.
AC8 Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held