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Re: Dropinthebucket post# 1987

Monday, 01/14/2013 1:14:33 PM

Monday, January 14, 2013 1:14:33 PM

Post# of 108192
Is your suggestion that I don't "think" or opine for that matter? Do I need to post paragraphs explaining that Advaxis has cracked through significant resistance at 6 cents (on incredily highher than normal volume) so high volume on a flat or slightly uptick today will confirm it has broken through that resistance level? Do I need to explain that stocks consolidate as a normal course of action following significant upward moves (like the +100% move Advaxis made last week) and so high volume which can absorb the expected selling pressure as part of that expected consolidation process, will be a strong bullish signal if ADXS holds its gains from last week today? Do I also need to explain that the next resistance (minor resistance, not as significant as at 6 cents) appears easy to pass through if the buy-side volume pressure stays strong at 8 cents, and then there appears to be nothing stopping Advaxis until 12 cents is reached? (I refer you to the 12 month chart and the 12 cents base established in March/April.) I see today as pivotal to confirm short term trends established last week...because More data points > than Fewer data points. Thanks for the discussion.
Volume:
Day Range:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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