I think its correct that $1.80 is first support on my 10 day EMA.......those concerned its not unusual for a 12% drop in 1 day ...
The uptrend started on the 17th Dec when it was $1.03 and since then has had 7 up days, most of them with the stock opening ABOVE the previous close ....on the 29th Dec close it was $2.15
It had risen 108%.........in 7 trading days ....marvellous..!!!
This is better than even gold , iron ore or coal in their heyday.....no stock or market just rises indefinitely ....
So to put into perspective a 12.5% fall today ....has to be expected ......but sure the volatility for those who are not used to it can be quite scary especially to those who got in late !!!
For a 84c holder such as myself I am in for the long ride , maybe so minor profit taking next leg up ..
Good Luck
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I think its correct that $1.80 is first support on my 10 day...
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