I hold the belief that 8CO as a stock is still in its infancy - the wild volatility lending weight to that. As such I wouldn't throw too much weight behind the price relative to the quicker EMAs for the time being.
Friday was a nervous twitch felt market wide and 8CO held up well (still up 9% from the lows a little over a week ago. If anything a load of tight stop losses were triggered giving above average volume for the down day. Overall, the last few weeks imply sellers are thinning out so we're in good health.
I hold the belief that 8CO as a stock is still in its infancy -...
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