Its had a killer run up until now, a retrace and a bit of consolidation is a good thing. Its tested the $1.20 and will do so again within a month IMO, but next time with volume.
Remember, just 4 weeks ago we were wishing for $1.00 by the end of the year… then it began to run so we switched to $1.00 by end of June…..
We have quarterly finance report, quarterly activities reports and EOK activities reports due.
Don’t panic, this is only shaking out the small players. RSI shows that it has been WAY oversold today.
RFE Price at posting:
$1.00 Sentiment: LT Buy Disclosure: Held