Expectations Great!!I think everything is becoming beautifully aligned on this stock, waiting for the next very short period before running another 6-8 cents.
This is based on (1) some chart analysis, which shows the Jan 31 st run up to .70cents on volume of 90,000.- - then a Feb 1st volume of 100,000 with a close of .68c,----then it was able to maintain the .68 cents on 45,000 on Feb 2, almost same as today on larger volume.
THE IMPORTANT FACT HERE IS THAT EVERYONE WHO BOUGHT STOCK SINCE MARCH 2023, IS MAKING MONEY.
Anyone who follows the action could have predicted the profit taking after Jan 31 st , which probably amounted to 10% to.30% which is a nice pass for a lot of investors for a short to medium term investment
They have now, very recently, been replaced with buyers at the .68 to .70 level and they arent going to sell for a few cents.
The next thing i like is that the Australian market now mirrors what we have on the TSX
Another very interesting fact is that the SHORTS , with the exception of 250 shares, is now the lowest since MARCH 2023
I expect the next little selling burst will be at the .75 cent level which will get a lot of the remaing buyers out who got in around Feb 2023 and they now will get all their money back.
Wish I could get more.
Have a great day, all..