RE:RE:RE:CXRX Yes greatplay!!! -3% IS AN AWESOME DAY.
greatplay wrote: Nicely recovered today; no damage to chart, tested below support of $2.40 and bounced back... still is a bit shaky, buy orders tried to push it higher but large US orders at $2.52 were there. It's part of accumulation tactic, keep it around threshold and continue buying.
If money-flow was negative, I would think otherwise, shorts keeping it there to dump shares, but in our case we have positive money-flow (Chaikin), so it means money is flowing in and it's buyers who hold it and prevent it stock to rise.