Agreed. Could be the start to a higher move. Currently just consolidating though making higher lows. Volume has turned green...will it act as a potential 1st Green Day pattern? I don't know!
The chart has actually formed a DOJI here at 30c level. Doji's indicate reversals at key levels. With todays news announcement and someone that keeps buying 100k under 30c, chances are we could see a push higher up considering this does have history of spiking and also gapping up overnight.
In sayin that, there is virtually no trust on this stock. A well read announcement has a pretty overall shitty chart. it really could go anywhere. I cannot spot any real technical edge here yet.
I have sketched out a chart below showing the daily. Trend is UP but we are somewhat stuck in a trading range and near the lower end of the range for now. Prices should perk up, though I suspect in a very manipulated fashion. There's only 50M shares or so available here so it's not a lot of overall supply in this stock. T20 Insiders do play their games and I know very little about it to make further commentary. GLTAHz
SENTIMENT CHANGED TO NONE (WHEN IN DOUBT JUST WATCH INSTEAD) there's a CONSTANT 32c supplier there keeping a lid on this. If folks want trader interest, one of the T20 needs to change their approach!actually more I type, more I am turning bearish! I'll just leave it here
I have interest, though zero conviction. Infact today's news is good but reacting rather poorly. Talk about indecision on my part....
