RE:RE:2 cents worthHaving said that, I'll add one more thing..
I absolutely completely agree with his statement about probable support in the $2.80 area.
No question.
"Resistance once broken becomes support"
You'd probably be surprised how many dollars are committed to the market's based on technical analysis.
Many stocks often break out and retrace back to supporting levels to trade sideways there before their next leg higher.
There's a major major difference here.
Exro has fantastic upward momentum.
There will be reams of buyers at $2.80 support down to a few cents below it, if at all.
If it doesn't penetrate $2.80 closing basis, the big money will bang the offers.
They'll bang the offers hard.