I don't know if the announcement was Good, Bad or Indifferent today.
But the price movements have been muted at best so far.......
The chart had continued to show a lack of selling pressure, which inferred that it was in a good position & could spike higher at any time.
Then when it did attempt to move higher, the climb in price appeared to just be retailers, and did not appear to be supported by those with deeper pockets at all.
I suggest this is the problem you may encounter at times with small and micro cap stocks, where the normal day to day volumes are not consistent.
Which can leave the stock vulnerable.
VSA/Wyckoff definitely works at its best in big liquid markets..it can be used in smaller markets quite successfully, but really needs consistent daily volumes.
