If buyers are willing to absorb between 42-44c by end of this week. our SP will likely to head to 50c from next week.
I don't believe swing/day traders make much money in this company as volume is still very tight.
Sub-holders don't seem to care if sp collapses. Often you would see high volume on the buy side to control the market, but not in this case.
Off screen buyers steadily accumulating.
Looking at the historical chart
SP consolidated 26.5c to 28.5c for 7-10 days before moved up to 32.5c to 35c, then 42c to 44c. The next consolidation is probably between 47.5-50c. There are also lot of good news coming up which will break through 50c on a single good news.
Add to My Watchlist
What is My Watchlist?