I think a disappointed closing price last week was deliberately done by the major players on the market. It was clear by the end of the week that to break a relatively strong resistance level of $1.14-$1.15 will not be possible with relatively low trading volumes during the week. So the stock was brought at its lowest last Friday. At the same time this new low is higher than the previous low of $1.05 formed a week before.
Now we will see on whether a second attempt to break the resistance level will be successful or not.
irynka
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strong move, page-9
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