Post by
Fastlane2 on Jun 14, 2018 5:53pm
Is low volume telling us something?
Every time the volume spikes over one million shares the share price bounces off of the 200 DMA and settles/closes just below and then proceeds with low volume and drifts lower. May 22nd. June 6th & June 12th. are referenced as 1 million plus days with nice bumps up. The 20 DMA @$1.68 50 DMA @ $1.71 200 DMA @ $1.74 very tight range and running parallel. I'm expecting a bounce off of support @$1.50 / $1.53 before a bullish run to $2.70 - $3.11 which is the right shoulder off of the 52 week high, good luck longs.
Comment by
Bever73 on Jun 14, 2018 7:29pm
Could low volume be telling us MM interest is luke-warm at best?
Comment by
bambambigelo on Jun 14, 2018 9:34pm
This post has been removed in accordance with Community Policy
Comment by
BirchBrook on Jun 15, 2018 6:44am
The reason no one is selling is, they are bag holding. And millions of warrants for pennies
Comment by
JRSDIRECT on Jun 15, 2018 9:12am
Funny how people praise a company for getting the financial deals done by any means necessary in an illegal, who's knows if the government will pass the law 2-3 years ago. And then come around days before legalization years later slamming the company for discounted financing. The discount was aligned to the risk. Nothing more, nothing less.