IMO two scenario 3 scenario may pan out scenario #1 Open at 6c,...

IMO two scenario 3 scenario may pan out

scenario #1
Open at 6c, drop to 5c in first 30mins. buy up pressure past open price, creating technical buy above day open. surge to 6.8cbefore settle around 6.2c

scenario #2
Open at 4.5c, drop to 3.8c before surging back to 4.9c and settle around 4.5c. Indication of indecision btw buyer and seller. should be interesting as this will mean reversal and more green candles later.

scenario #3
Open at 8c (ave 5c and 12c), drop down to 6.3c before surging past open price at high of 10.5c before settle at 9.3c. Bullish signal.

I'll be watching the open price with interest and set my buy price a few pips below this price as there'll be a surge of sell orders from those who want to get out if the stock as they can't trade for past 4 months or so. will be an interesting trade first 30mins.

cheers
pcyc