chart turns positive n volume maintained @ 18-19 millions per trading day , may be another round is coming because the stock has been idling for quite some time ; plus many were stuck at a much higher price from 49c-59.5c....just my personal view....
market changes every minute ....coz many r day traders...look like I m wrong because too many stalled bulls waiting to sell at 41.5-42c in millions in between...unless the hurdle being taken away or else too difficult to climb back to its heyday!
no more volume .....price will go south either u like it or not ...chart shown weakness and more sellers than buyers...if u r willing to hold for more than 2 years ....no harm holding tight to it...
price is getting lower by the day....vol also decreases ....when price touch 40c , sellers in droves r coming affront ....chart is getting south instead of north...I think most of the players had quit long ago .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
limayseng
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Posted by limayseng > 2015-01-14 09:25 | Report Abuse
chart turns positive n volume maintained @ 18-19 millions per trading day , may be another round is coming because the stock has been idling for quite some time ; plus many were stuck at a much higher price from 49c-59.5c....just my personal view....