The RSI at 87.69, shows that the stock is over bought.
Buying the stock at 0.0003 or 0.0004, which was under the "key-support" of 0.0004, was the correct place to Buy.
Rule #1 is: Buy them when they're down, Sell them when they're up !
Unfortunately, BBDA has already had its move !
To make money in stocks, you need to be Pro-Active, NOT Re-Active !
This means you need to Buy when a stock is NOT Hot !
Buy before the move-up !
Buying a stock after the move-up, only "increases the risk" of owning the shares, because, they are now vulnerable to profit-taking, by the ones who got in early, before the move-up happened.
To answer your question,
Can the stock move higher from here? Absolutely !
The "wise trader" takes profits when they are handed to him, and Friday was a day for profits to be taken, as the stock was climbing.
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