Seems nothing has changed with the LWP threads...
Todays bar looks like a plain doji.
I find these bars don't tell you much about market sentiment except that traders are indecisive and sentiment is in a transitional phase.
It's a neutral bar. Neither bullish or bearish. So it's important to look at these bars in context to preceding bars and what has happened previously.
Just before August one formed on a large red volume day
(Red Circle). Clearly buyers were coming to the end of their bullish enthusiasm. The result was $0.007 from $0.01.
However, look very closely at the bar mid-June
(Green Circle).... Now look at the almost identical set up to what played out today. Same price, same volume. This last set up pushed the stock from $0.01 - $0.016.
Make of this what you will.
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