RE:RE:New 52Toppicks1 wrote: Toppicks1 wrote: Week high gets a lot of attention from not only momentum trader but from long term investors. That and at the rate of increase is just outstanding. On August 29th it closed at 2.09. Yesterday 3.44 that's a 65% increase in a month. Big money players are watching you can bet. As the volume the last 4 days in continuing to increase. I expect more volume to pick up and we will see larger moves coming soon. As I 50 or 60 cent days coming. Enjoy.
One thing I forgot was then going rise in stock price up 8 of the last 10 days with thr pull backs being in the 10 cent range. Buy and hold by far the best strategy. Swing traders just end up buying higher and higher lol.
You can read into the movement what you want, but one thing is clear: No such move without institutional support.