On Balance Volume "washout" was about 20 million shares that were sold over 2 months, as stock price retraced from $1.85 to $1.25. Correction is now complete and both OBV and stochastics are turning very bullish. IMHO the entire formation is showing a count to $3.00 per share. Good luck to all longs.
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On Balance Volume "washout" was about 20 million shares that...
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