It is just touching on the medium term resistance line of the downtrend. Sorry I'm at work and can't post a chart.
So IMO unless it rockets upwards today by say at least .3 cents (high volume preferred), then it will most likely fumble back down again over a few days.
This isn't 'real' news per se, though the market might react differently.
I may be shot down in true HC fashion but we don't know for sure whether any old joe can just buy a ticket and plonk a booth in, or someone important at Microsoft figuratively begged them to turn up. There seem to be arguments already about which of these it is. Either way it is yet another piece of fluff which doesn't translate to real money. It's an agonising wait but it will just be a pump and dump between 6.5-8c until we see something with some actual dollar signs in it.
So in summary, I would probably try to pick a good time today to offload a trading parcel if I had one, but I'm reluctant to 'trade' my whole parcel on the offchance of missing out on a further news run later in the week..... news is quite tightly protected with XPE and only 1 time did it look like there was a bad leak on an announcement day..
XPE Charts, page-6513
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Mkt cap ! $1.889M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 19 | 7.0¢ |
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10.5¢ | 1524 | 1 |
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No. | Vol. | Price($) |
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1 | 19 | 0.070 |
1 | 20100 | 0.061 |
1 | 100000 | 0.060 |
1 | 86000 | 0.055 |
1 | 55000 | 0.053 |
Price($) | Vol. | No. |
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0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
0.180 | 30000 | 1 |
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