10 Day Wedge Pattern
63% odds it breaks to the upside.
Price action follows, Volume
RUSSEL IWM small caps is moving higher currently, off its lows.
SP 500 is moving lower
Conclusion: Profit taking in the larger caps currently, then, new money coming into smaller caps, Russel IWM
This just makes a stronger case, Micro Caps stocks like Premier Brands will move on higher volume, once news comes out, earnings..
I'm expecting $.05 to be tested soon