Power hour could be interestingIf someone / s are betting on news for next week then the last hour of trading today could be interesting. What do we know by experience that could positively / negatively impact this . . .
1) The last couple of NR's were preceded by higher levels of volume that typically saw the stock lose value at the close . . . volume yesterday and today has been the highest since October 18th the 2nd trading past the last NR I believe . .
2) Volume tended to increase before these NR's and to close down . . . yesterday we were back in the millions in trading and actually closed up, today we look to be on track to sell 700+ shares, lets see if we close up or remain even
If volume continues today and the price goes up I think we might be on to something juicy . . if it closes down a cent or more than my confidence will fade, but I will remain confident that news will be out either Monday or Tuesday regardless. imho