RE:RE:Mkt captamaracktop wrote: filoux004 wrote: Mkt cap 330M! For zero revs. How are those moving averages doing g? DD andglta. Go Heat go
Glad you asked.
The 21-day MA is dropping fast.
It dropped to $2.497 yesterday, and will drop to $2.47 today if we close here.
Still on track to break through May 31st or June 1st.
Remember. The stock traded as high as $2.50 AFTER the issue was announced.
.
Nothing has changed.
Just the psychology.
Psychology is fickle
The 21-day MA ended the day yesterday at $2.477
It will be down to ~ $2.46 today.
Just over 30 cents away .
Hardly insurmountable.
It will continue to drop.
When the stock breaks through it to the upside,
It will take on a whole new complection