Both you and Beau take a look at this and this is what I encourages me about where we are on CHNC:
1) On April 8th, we go from .0017 to .0018 on 1,089,900 shares (1 tick up in price.
2) Next day, April 9th, we go from .0018 to .0021 on 1,442,000 shares (3 ticks up on increased shares.
3)Then next day on April 10th it has a sell off after very bullish buying. I suspect I know which investor sold but I could be wrong, to bad for that person. Back down to .0018.
4) Next day on the 11th, no one is selling (that is why I think it was 1 seller selling at .0018 just looking to unload at a loss day before on the 10th) the stock goes from .0018 from the day before to .0021 on very little shares (442,500), less than 1/3 the amount that it took in (2) April 9th. Much less availability, much less sellers willing to give up their shares! No panic seller like that described in (3).
5) Today the 12th. We touch a resistance level established on March 13th (.0026). We have not seen that price since then. and we do it on only 560,000 shares.
Remember point 1 and 2 how it went up on increased volume from the 8th to the 9th and now we have gone up on increased volume reaching new highs than the highs listed in points 1 and 2 but doing it on less than 1/3 the amount of volume listed in points 1 and 2 of this list. It is taking less volume to achieve a greater rise in price. Less sell outs giving up on the stock rather than trusting the chart formation!!!! This is about to explode. I keep being optimistic about being patient and saying tomorrow it goes. That is because everything is pointing to that!!!
