Interesting TradingThey are building it up and then selling into the support.
A flag has formed, but the direction is yet to be determined.
It would be nice to know how many shares there are out there that will be dumped on any type of support.
The stock should have closed at .285 but cannacord wanted to show a positive candle or it would have pointed in the stock going down further.
It appears that the houses are helping eachother out to unload some of their positions.
Not massive amounts to get concerned about, but this low volume manipulation never gives me a warm fuzzy feeling.
Weekly tells me she is going to go down, and daily is undecided with the indicators mixed.
If canaccord had not supported the closing price, they would all be pointing down.
For those of us who have positions, it is an obvious "HOLD"
For those on the sidelines. I would wait to get a clear direction of the stock.
I personally think I will be able to pick up more at the gap.
Just my opinion. I'm good either way.
Mediascan