One possibility which no one probably wants to hear- It could have been just a technical surge to test the 3.1 resistance which we hit before. The person who bought 1 million at 2.8 seems to have gotten rid of them at 3.0. There were a lot of heavy sells into 3.0.
TA will mean nothing of course if we get super results BUT if they are priced in already (we have run up from 1.9c not log ago) then expect a buy the rumor/ sell the fact drop.
It was the big order quick in-and-outs today that has me second guessing the volume.
Just my 2 cents worth.
Too bad I didn't pay attention to PRR when it hit 20.5 three times and then dropped like a stone despite good news...
One possibility which no one probably wants to hear- It could...
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