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Re: Ironman67 post# 48761

Wednesday, 02/24/2016 3:33:21 PM

Wednesday, February 24, 2016 3:33:21 PM

Post# of 63744
I think the reason for today's action goes back to last May. The price gapped from .26 to .30 and three days later it hit .40. Even though the gap filled on the way down, there was not much volume in that range. We also had a slight gap within that range yesterday. I think today's churning is trying to build a stronger base at this level.

In case I forgot to mention it above, Always Just My Opinion

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