High volume at supportThe share price hit a high of around 2.20 last July 4th, and then bounced off support at a low of 1.78 for a few days before beginning a journey to over 3.00.
Now, we're back at that support of 1.78, showing high volume as sellers have shown up. November tends to bring out the sellers after quarterly earnings reports.
This company is really showing promise with positive increases in key measures on the Income Statement. The Balance Sheet is being realistically cleaned up. The float is very low.
We'll see if the $1.78 level holds.
Bouncing from here would be a very good sign.
cleareye.