where is the channel? if you are calling the period from July 12 to September 30 a channel you might want to look at the trade data during that "channel" period. It was a 2 1/2 month period where only 3,525,282 shares traded, that would be an average of approx. 63,000 shares a day or to make it a little easier to relate... UNDER $200.00 PER DAY.
What I see is a move off of a proven bottom on a stock that has less than 30,000,000 in the float. This stock should move very nicely towards pennyland. I would also think that due to the recent activity and renewed interest that something big is brewing..Channel my ole azz
check out the trade data since July 14 and take a closer look at the facts.
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