Price consolidating, looking for break of support stop loss hunt

We price channeled last night, with a little push and pull back.

After several dips being bought up, great opportunity to hunt the STOP LOSSES to help load up in the low 3 cent range.

After taking out weak hands, look for the push to new highs.

Buy the DIP opportunity, or adding when we test resistance could both be viable strategies.

Komentar:

Still respecting the 3.4 resistance. If we can hold the line, we should expect a push to retest 4 cents

Komentar:

saw another leg down, still respecting 3.4.....

3rd downleg with lower and lower volume. Shorts are running out of gas. expect a reversal soon