it looked like they were trying to crank up 30-40m volume
that was enough to soak up profit takers from 1c who were looking for 1 tick profits + wiping out the sell volumes at 1.2c
they knew they had to break & hold 1.2c closing as this would be considered a bullish breakout.
wont think much into the 1.3 close tho as the volume traded was tiny, a nice little bonus tho if the stock decides to open at 1.3c tomorrow & tracks further up but leaves no gap behind.
tho futures not looking too flash, so maybe soaking up profit takers from 1.1c in the morning first? hopefully reaching 1.6c tomorrow?
CNN Price at posting:
1.3¢ Sentiment: Hold Disclosure: Held
