Though the stock is enjoying a healthy rise, the story remains the same.
The chart formation that it has traced is a warning sign, that the stock would have a substantial drop.
While been long is okay for the short term only a takeover bid would save this stock from falling below $5.00.
It is not a matter IF it happens it is a matter WHEN would it happen.
Trade carefully.
Arhidas
NEither short or long.
warning! do not fade the charts
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