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6,340 Posts.
250
08/10/19
11:53
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Gaps up, spikes and then drips down. Can't make too much money on stocks that do this.
I think at absolute best you can get 2 pips out of it.
Realistically 1 pip.
It looks dead to me, when I say that, I mean it won't near the 2c highs again and certainly won't be trending up for the rest of the week.
Just check the 5 min chart of the last pump that occurred.
Similar high grade thin intercept drills.Similar moves too.
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