Small Players ExitWe are getting a lot of useful work at the $1.80 level. Nearly 1000 trades so far today, so I would say the patient money is sitting on their hands and the day traders/quick flippers are active.
This kind of action generally precedes a breakout. In this case, I sure hope it's to the upside. I would think this would be a good time to place a stop buy in at higher levels, if one wanted to catch the next wave but wanted to be sure it was moving in the right direction.