I am not a technical trader but I do try keep an eye on both fundermentals and technicals....Right now IMO looks like a great oppertunity to accumulate before the run north, we have had some promising news, we had a huge increase in volume for a few weeks, price went up nearly 100%,its come back a fair bit, volume is pretty small at the moment accept for a few large trades....I am happy if we hold around this level for more news...
I just hope they can reduce the costs and the sales do increase as expected...if they can manage both these things this could be a good long term hold IMO, products could be very appealing to all the greens in the world....
for a small company like this, ONE big customer/deal could make this one really fly and that could be the start of something huge..
dyor
CNN Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held