Why all this negativity?The stock's low at .61 was only 9 sessions ago.
At .75, the stock is up 23% in nine trading days.
I understand the frustration with this lack of volume, but it's hardly selling off.
The high trade since .61 is .78.
It's at .75.
Big deal.
It's been going sideways for a few sessions at .75 after this 23% recovery rally.
If the stick breaks out of this funk to the upside on volume, all the doubting posters here will turn bullish again.
Guaranteed.
IWho's to say it won't?
Retail is both fickle and impatient.
The longer this goes sideways the more likely the next move will be higher.
If it was going to give back the move over the last 2 weeks, it probably already would have.
It's 3 cents from the recovery high.
That doesn't spell weakness, just "the pause that refreshes".