RE:No conviction in the marketJust wait and see what happens when the markets in general turn red. Phil thinks he has the luxury of unlimited time. I knew we wouldn't hold 1.50 today.
Metalsguy1 wrote:
The sub 1.50 close and volume suggest we are in dangerous territory. Clearly Leede and Canaccord have moved on after amassing their horde of free warrants. This consolidation pattern is technically very week. If we don't see some kind of solid news and support crumbles even Red will be screaming for blood. Every whole number that cracks has the potential to put momentum into a downtrend. Staying below 1.50 tomorrow will be a very bad sign.