RE: for you flushbreakerExactly my point. There are 3 relatively large volume spikes , the 17th, 22nd, and 25th. Each one was followed by a change in direction the next day...regardless of for how long it lasted. The large volume spike on the 22nd (up day) indicated a downward move the following day, which continued slightly, but then the large volume spike on the 25th (downday) indicated a turn again. Once again this held true, the stock turned upward the next day and hasnt looked back since, so there was no exit signal with my system . there have been no relatively large volume spikes since...until today when there was an extremely large one. You can show me all the different indicators out there, I'm familiar with and have studied many of them, but none will ever hold true more then this one basic indicator. As with anything it will never be 100% but in my time it's the mos effective against all of the other indicators I have studied and am familiar with. Very simple repeating occurence overlooked by the vast majority of traders. Coincidentally the vast majority of traders also lose money.
As I said I could be wrong in this situation, but it works over time. All of this has no bearing on the fact that I think this will be a $3 stock some day, I just think $0.85-0.90 comes again first.