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chart, page-29

  1. 18,874 Posts.
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    M69,
    I was very surprised a Fluffs description of the chart when what I'm seeing is a pretty simple ABC set up its been holding the 50% fib of the move up on declining volumes hardly what you would call pump & dump behavior imo
    Its simply be adsorbing time as stocks do after the initial spike this to me is a pennant with the 61.8% fib last run at 8c and overall last fib at 7.7 the stock consistently closing at 10c tells me this is strong imo
    Most of the Indicators are very close to divergence as well so not long to go the assays will no doubt set the direction the chart measures the market sentiment it is expecting up imo.
    There are still 2 unfilled gaps higher as well to keep a eye on
    Pete


 
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