The bears have this by the curly's for the time being, and the traders will need to find another darling soon.
Yesterdays VWAP was .0692, most of the selling was at .069 yesterday, a few sent it back to 7 for close, then we had the cross trade after hours.
Today's VWAP is .684 atm, and all the pressure is coming from the sell side. The bull trend has stalled, the bears are active, just a quick look at the depth shows that.
The big boys will play with this now until they're set, which could be months away now.
Price rises with announcements now based on fact will provide a nice slow steady climb towards 30 cents this time next year.
Regards,
TCG
SSN Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held
