It's going to need to work pretty hard to push upwards after yesterday.? I mean yesterday definitely, without any doubt, did what ASN is getting very good at. It killed the momentum, and as another poster pointed out, traders/investors are wary of ASN and it's ridiculous shenanigans price-wise. Thus we have this today. It's good it's holding at 2.5, however, after breaching the 2.7 technical level it's extremely disappointing to be back below that. Now I'm not suggesting that this will prevent it going higher from here, but, it does look like part of the games.
It's why I'm interested to see how many of the shares in the 3 cent vicinity are genuine sells. Are they really for sale, or will they be pulled just before reaching that price.? Or, are they genuine sells that have now stacked up ripe for the picking before the next leg up.?
Just my musings. Food for thought.
TOWB
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