One other thing to note is the spike to $1.96 happened during the Christmas break when most institutional traders were away. It was a great set up to manipulate the price up so easily with a small market cap. Only a small handful of ppl would be brave enough to short this stock esp when it gapped up to top $1.87. As Tibbs said it's suicidal to go against the market/sentiment vs fundamental.
Two red candle,when it broke $1.41 mark it was a signal to sell. Looking for a third red and possibly a reversal on the card. I'm looking for entry around $0.98 and $0.92 mark. It should be exhaustion of sellers and then moving back to $1.15 (prior to breakout spike).
Cheers pcyc
FGE Price at posting:
$1.11 Sentiment: Sell Disclosure: Not Held