Hannover House Inc (HHSE)

[livinginstyle]

Company action will override chart technicals.

Not too much overrides technicals. That said, the stock has had a really nice run slightly over 76% in 5 trading days. How much more do you think a stock should run before a pullback? A pullback is healthy, it allows additional strong hands to enter and shakes the weak out. Then, after it recovers, the weak chase it back up and push it higher again. We actually need a pullback. I really like the chart now. It has traded up from .011 on heavier volume which means stronger support as the stock trades higher.

A pullback isn't a buzz kill as you suggest, it will only be resting and gaining strength for the next move higher. It will need that to clear .02 resistance. If it doesn't pullback and rest, it will eventually crash and burn.