So today for a lot of what I believe to be "fair" reasons, $BUB wasn't able to get through that prior 0.53 resistance level, I would be looking for it to re-test that level and attempt to break out, it might take a few days sideways, or it might take it dipping lower, finding buyers.
It's something like 65+ million volume this week so far and it was I believe 5.5 million total volume the entire of last week, which is what separates it from that failed breakout at 0.745 back in Feburary, look at the massive volume difference.
Within "VSA" that upwards movement yesterday would be considered exceptionally strong, large spread, closing at the top of the bar and all on absolutely massive volume.
Given the fundamentals (first cash flow positive quarter?) and the strength of that movement, I would have to assume that's going to be a runaway gap from 0.36 because I don't see many "normal or typical circumstances" where something moving up on that much volume would retrace.
BUB Price at posting:
48.5¢ Sentiment: Buy Disclosure: Held
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