It’s true that high volume while breaking support isn’t a good sign hubbo27. However, I can’t help but think that there are some “exceptional” factors in play here. For example, that such volume may be related to the very recent escrow release. Such circumstances can distort the market and lead to stocks being mis-priced. Let’s hope that’s what’s going on here. I’m preparing to average in a bit more, because I haven’t seen anything lately to alter my view that the company has a lot of potential for a significantly higher share price if sentiment towards the sector turns.
TNT Price at posting:
9.6¢ Sentiment: Buy Disclosure: Held