Friday, March 27, 2020 1:35:19 PM
Issue is holding up well.
At least shorty is covering on the way up since he can't tank this issue.
This morning the stops kicked in, but couldn't take it down any further and decided to work it on the way up.
The issue has much strength and bodes well going into the last two days of the month next week.
I love the churning here and only allows us to reach new highs since many bottom feeders have left and brought us into a new level of support. When you have a nice churning day like yesterday and this session allows for much higher highs with little resistance.
Should be an extremely positive trading session going into April.
Very strong issue and my target always has been that anything under .005 is a strong buying opportunity and now folks, my new target is .01 in the near term.
See you on the trading floor next week.
Have a great weekend.
varok
http://www.stockmarketquarter.com
Corporate Market Awareness Consultant
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