RE:Nice to see some actionMacer wrote
This has been rising with the biotech tide since 22 cents.
Coincidentally we crossed the 50 day MA moving average yesterday, and 0.25 was also the major resistance point for the past couple months. Accumulation, and money flow both show that people have been nibbling away steadily at this for weeks. MACD and RSI are both looking great as is the on-balance volume. It was no fluke that we bounced off 0.30 as it is also where the ipper bollinger is currently situated.
I am certain there must be a little bit of FOMO there as well, but this move was inevitable given the way that we have bumped up against resistance for the past few weeks.
A little news before the end of the year would be very well recieved right now.
My guess is that we venture into the 30's soon enough.
I am also gonna say "told you"
And I can't stress enough that there will be a bigger "TOLD YOU" when phase 2 results are coming out. Good science is awesome, and best of all it is also reproducable and predictable.
Macer
Yes Macer and the reason "TOLD YOU SO" will bigger and louder is we will all say it together.