Not Breakdown but Pullback, IGENs
Igen Networks Corp (IGEN)
0.0044 -0.0008 (-15.38%) 11:13 ET [OTC US]
Quote Overview for Wed, Jun 10th, 2020
pullback from the recent rally ran out of steam?...the stock price raised unexpectedly from the news of insider buying, huge volume, however it could not be sustained, instead of raising and rallying further high, sellers and profit takers took it down besides MMs and shorties?..
the stock pullback can take it to the 2s level unfortunately that is how it looks like right now, with no other news other than insider buying, it will take a while for it to get back to the upside moves!!...may be several sessions or few market sessions!?.
