Heres the deal guys,
Charts:
1. Trading within narrow trading channel on light volume
2. Almost all indicators showing oversold
3. Gap at 0.1, Double Bottom confirmed, Accending Triangle, Short Squeeze all in effect
4. Golden Cross, with MACD closing in closer to center line crossover
5. Price has hit 52wk low.
Other:
1. Running on Momo with no fluff PR's
2. Speculation of Oil Contract and or funding with great odds
3. More and more MM's jumping into EVXA
4. EVXA showing up on a lot of penny stock trading sites meaning EVXA on watchlist everywhere.
5. Hurricane Season is here which for the last 5-10 years has shot this stock up in July or Aug.
The people that are worried or scared when the PPS drops or we have a red day have not a clue how to read a chart. The PPS has not droped below support plain and simple. These low volume trading days dont mean anything right now. The fact is its going to be low volume until we break out. Much like K said, you should only be worried if we have a huge volume day and break support with massive sell offs... Other than that look for a break above 0.0055-0.0065 with volume over 200,000,000.
Oh and btw, Charts do work and if you dont trade using charts I would love to view your portfollio G/L% lol... The onlything charts will not predict is Short Volume, Splits, Bankrupt, Or News which could effect the PPS in major ways. Other than that charts have always worked well for me and other alike. If your not using charts as one of your trading methods then.... well you SHOULD!
