How to play pullbacks this summer.....I took time to do calculations with data from all previous pullback since the sp broke out from the $0.20 -0.235 level. When the pullbacks exceed more than 10% from the adjacent high the recovery generally picked up and soon went on a leg up until another pullback. Although past price history is not a direct correlation for future price prediction ii is in a nutshell the trend and characteristic of this stock after the trend reversal to the upside.
So below $0.45 it is a very good entry point to accumulate. Tomorrow may it open lower with traders selling for a few pennies profit (they bought @ around $0.4 last Friday) that is still fine. If volume picks up steadily the sp will go higher later the day and much higher for the week.
And you read this from me first. Good luck all.