Support Eroded and volume disappearedToo bad....I thought we were on a roll but there's definitely a cat and mouse game going on. on the early morning bid / ask I saw 50000 at .39 and 60000 at .40. that bid didn't last long though as the bidder pulled out the rug. The ask is still there hence the small wall at 40 cents (big wall with this volume)
As we get closer and closer to the Q2 earnings release, I'm thinking that some news will be forthcomng prior to that release. It has been a pattern in the past before earnings releases, so let's see what and if anything transpires in the form of news in the next few days.
SOMETHING HAS TO GIVE