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Tuesday, March 29, 2016 7:20:14 PM
Looking at the daily chart, it appears that this is getting walked down before news to shake some shares and cool the RSI. Despite what seems to be a short term walk down, I would still expect to see .004's on a regular basis, though would also not be surprised to see the bottom shadow of one of the daily candles pierce below the middle bollinger band, which in our favor, is rising as price support, even amidst a bit of a walk down. The accumulation line is looking really great and is showing that people know the long term value here and are collecting and holding for the move ahead, day to day ups and downs being rendered generally irrelevant.
All that said, anything can happen at anytime given that there is a strong fundamental event on the horizon and a buying cascade as we get close to the wire might serve to transcend a coordinated walk down. We closed nice and green today, even with +60% in short volume: http://otcshortreport.com/index.php?index=DEWM&action=view
And yes, I know, I know; there is no such thing as short volume in the OTC. FINRA RegSho numbers(which fall directly in line with otcshortreport numbers) are wrong and fraudulent(*note the sarcasm), so save the "helpful" posts about that and/or "corrections" that the real data is the FINRA ESI.
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