Wednesday, May 18, 2022 12:58:33 PM
25% - 40%, it is clearly out of the channel. It was trading in a .04-.06 range. When a stock like this drops a penny, it is NOT in the channel anymore, as .01 is approximately 20% of value.
This stock has bled off and the trend will continue until there is a new catalyst/news.
Less than 100k shares can move this stock 20% or more in either direction. Where are those who keep pumping the value here? Why aren't they buying at these bargain prices?
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