...in what turned out to be a large correction.Closing at .16...

...in what turned out to be a large correction.

Closing at .16 today is a sign of considerable strength, and augurs well for the overall market bounceback when it comes, possibly as early as Tuesday.

(Every correction in history has been followed by a bounceback.)

Note that volume is still strong, tho down a bit with today's small price decline. I.e. the volume is still behind the rises - and still abnormally large overall.

For a stock to rise strongly in a market phase like this, and even stay steady on the two worst days, distinguishes it from most other cheap stocks IMO.