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skepticone

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skepticone

Re: None

Wednesday, 09/13/2017 8:34:39 AM

Wednesday, September 13, 2017 8:34:39 AM

Post# of 6602
Could this be setting up for a move back to 2.00-2.25? Looks like traders are beginning to jump in looking to scalp some profits.

A question here is how long do the shareholders who picked up chunks of shares in the offering (at 1.00) hold on before taking some profit. I'm thinking there will be many using any substantial move to bank their profit and then wait for another drop to accumulate more. Without any more news, IMO, any move up will be trader/momentum driven and will stall at some point. If a bump comes, I will be watching the RSI 14 chart for overbought condition.
If we get good news at some point, the move will be more sustained.

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Volume:
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Total Trades:
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  • 6M
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  • 5Y
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