RE:RE:Here we go again… I know you don't like MAs, but the reality is that algos and traders watch them. They look for symmetry across 10/50/200 DMA.
It has been kept below the 10 DMA the last 4 days. Every time it pops up, a quick sell order comes in.
This happened before the last pop above $3.
It would be extremely bullish to close above 2.65 today for a nice white candlestick.
Then it is 15 trading days to the CAFC fireworks and quarter end announcements from IRD, ETC and WiLan.