rmx technical analyst , page-9

IMO opinion TA does not work very well on small volume low cap stocks. They are far too easily manipulated by big players and news as most are not making money yet. While it is interesting to look at, it is fraught with danger to rely on TA for any stock with a price of 1c and very low volume. These stocks are driven by news and news only!

Dow theory is about the only entry you could have used on the daily chart and even then you would have been in at around 2.5 and out at 3 IF you were quick enough!! If anything the volume is interesting and this whole steady drop has predominantly been on low volume, which is a good thing. Knowing about the Mindoro dump is also a good thing. I'd rather 1 big holder jumping ship than all the little guys.