hey midwood, yea i've been pinging it up for the last haour and a half, hit the ASK six time already.
Guys, this is not a sell off, these are typical MM games, this was taken town on low volume so that MM's could pick up their cheap shares and sell em in the .004's. Thats the MM's job, to create interest, to create volume, to create a market for a particular stock. They know they will be able to sell their shares higher, becasue of the huge buying interest.
So far, there have been 8million buys to 9 million sells today, that is not a sell off, last year during the run to 5 cents there were several pullbacks along the way. This run has been solid, and to think that all of it has been done without the big major announcement. Like i've said, plan based on your own situation, but knowing what we know, it gives us the luxury of being patient. In the meantime i will continue to ping up.
Chartwise, there was a nice bounce off the 200 day, we are close to getting a 50/100 ma cross, and in a week or so there should be a 50/200 day cross. Technically this is extremely bullish, after the bounce off the 200 day there have been more buying volume than selling. I suspect we see some sideways action for a few days to a week, similar to the trading when TADF was in the mid .002's
GLTA
