I wouldn't worry about it. Your company has just broken through overhead resistance (20 cents that was confirmed 4 times) at the end of a rising wedge pattern on high volume. The following day the low bounced off 20 cents (which becomes support) and then went up and looks that it may slow or stop. You would ordinarily expect it to retreat to 20 cents on lower volume and then bounce with the price increasing with volume from that point on. Sometimes it does not bounce when the stock is really hot in a hot sector. They couldn't stop the price at 21, maybe at 23 then a bounce at 20.
There could, be an "Iceberg" at 23 ( a large sell order that doesn't come on the screen) but the danger is a large buyer will just keep buying. If you do not sell and retain your shares it doesn't really matter if you want to keep the shares if you want a share of the business, and it does not matter what the price is. The value of the company goes up notwithstanding a large sell order at 23 when it discovers gas like this. The market price is an illusion in those circumstances.
My 2 cents
COI Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held
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