Friday, May 08, 2015 1:47:38 PM
Next break of .005 get's us going. .0066 is the 50 MA on Weekly chart. If news, then this "resistance" can become support as the PPS should make it's way to a cent pretty fast.
I'm hesitant to sell ANY at a PENNY (psychological resistance) and just hang on to see if we have 500 mil vol on the day of news.
W/ these, it's usually a much higher reward but no one knows how long it'll take. Just watch the volume...I'll tell the tale. Right now......a waiting game.
GL
Erik
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