Thursday, November 14, 2013 9:26:21 PM
I'll get a clearer picture after I see how it closes for the week tomorrow.
I will say that some serious money bought ACGX today between .0035 and .004 isn't going down so easily without a fight, imo.
As you can see, the majority of the days dollars traded from .0035 to .004 and that short-term .004 resistance had already thinned out considerably when the EOD panic started right after a large Ask hit (at 13:23:02) for 1,025,600 shares at .0038 onto Market Maker (CDEL)'s 500k Ask block did not move them out of the way (I've recently seen CDEL do this on another ticker I'm on before they let it rip the following day). NITE was in full control after that.
Very strong support at .002 held today in spite of the EOD mess. A similar drop happened 2 days after the last big move on 10/29 when they dropped it to .002 right before bouncing back up as high as .0043 and close at .0039 the very next day (11/01) on only 11,145,400 total volume which was about half of the previous days volume.
I will say that some serious money bought ACGX today between .0035 and .004 isn't going down so easily without a fight, imo.
As you can see, the majority of the days dollars traded from .0035 to .004 and that short-term .004 resistance had already thinned out considerably when the EOD panic started right after a large Ask hit (at 13:23:02) for 1,025,600 shares at .0038 onto Market Maker (CDEL)'s 500k Ask block did not move them out of the way (I've recently seen CDEL do this on another ticker I'm on before they let it rip the following day). NITE was in full control after that.
Very strong support at .002 held today in spite of the EOD mess. A similar drop happened 2 days after the last big move on 10/29 when they dropped it to .002 right before bouncing back up as high as .0043 and close at .0039 the very next day (11/01) on only 11,145,400 total volume which was about half of the previous days volume.
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