What we needed to see boyz and girlz
Solid day-just got in to the house to check the volume-and price action...this is what I wanted and expected and we needed to see...consolidation...and backfilling-closing at the high of the day-as support at higher pricing from where it based last...between .15 a nd .185 cents per share gets moved to a higher trading ledge near twice that amount and sets us up for the next rise or push on good news-to the .75 range or possibly higher...certainly intraday higher at some point moving forward.
So I study fundementals mostly per se-especially on pure growth stories that are entirely news announcement driven-vs price action...but know the basics of what is needed fundementally speaking on price action-so support valuations moving higher and being sustained vs one or two times a year finding a trading opportunity vs establishing a firm and strongly entreched start of a classic long term uptrend in a story stock-finally being able to tell its story to a waiting investment crowd and customer base for its services and wares.
GLA
SS