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Re: Davis_Elite post# 5359

Thursday, 03/02/2017 1:40:10 PM

Thursday, March 02, 2017 1:40:10 PM

Post# of 24727
It's been trading in the .0095-.013 channel for awhile on very low volume. We've been seeing much better volume recently, and we broke through .0138 resistance yesterday (which will hopefully turn into support). In general, I don't think people are flipping. We might be losing a couple of impatient traders who saw an opportunity the first time we broke out of the trading range, which is fine. The stronger the base of longs, the better for the stock price in the future.