who was it that said..., page-5

technical picture On a two year chart TOX is in an extremely strong uptrend with heavy volumes on an initial run to 3.7 cents and a second run to just under 5 cents. Current trading is near the top of the upper trendline. Good luck to the daytraders trying to pick tremors in a company valued at 17 million dollars. Is it really worth 14 million or 20?

All the fundamentals point to much higher values. The technical picture indicates that a basing phase is complete and a breakout is underway. The hot money momentum traders are selling, based on the fact that a very short sharp uptrend may be ending. The whipsaw like trading of the last few days within a large uptrend is indicative of a major move ahead and this is supported by very large volumes. IMHO this is indicative of a major move ahead as weak longs get squeezed out by stronger more bullish buyers.