SBMLove to see the Bashers out in full force.. Means they want our shares, why else are they posting 24/7 on a stock they want nothing to do with.
The breakout at $0.20 confirmed a bullish formation out of a 2 year ascending triangle pattern and were not trading and holding above $0.195 cent resistance , which is the new support as its been stiff resistance for a year. This coupled with the recent fundamentals means we're in for a wild ride once the weak hands are flushed out (most likely today with all the volume).
The measured move on the ascending triangle breakout is a target of $0.29 cents , watch for a close above $0.235 tomorrow and a new weekly all time high.
Smart money accumulating (Morgan Stanley) , Bashers out in full force (They want you to panic and fill their bids) and best news, interest in SBM all in the same week. If you fall prey to the fear they're touting here tonight I feel bad for you, very obvious what's going on and price is ready to continue higher.
Stocks don't just go to 2 year highs for no reason, something is cooking here. We back tested the old breakout today at 0.195 cents and bounced, next stop $0.23 and $0.25 before measured move at $0.29 / $0.325