![](https://investorshub.advfn.com/uicon/354217.png?cb=1604609824)
Friday, December 01, 2017 4:12:39 PM
What is that exactly, do you ask? Well, many things about this close make it perfect.
For one, this broke and closed above the 0.0094 HOD resistance from the first day's +1000% run as well as it broke 0.01 which is a strong psychological resistance for a stock coming out of the trips (also, once you hit a penny it brings more buying interest).
Secondly, we established a new 52-week high which basically creates a "blue skies" effect.
Thirdly, we did not close at HOD which is good because when you do selling pressure tends to create the next day.
Finally, I did not see any dilution occurring today which shows momentum was organic and even MMs want this to go up.
In conclusion, this thing should test 0.035 next week IMO.
Tempus fugit.
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