Today's trading:
Kinda unusual.
Gapped up at the open. Large portions of time in the first half day when there was very little activity at the BID (retail selling); yet, the price was slightly, walked down by the MM's. In the second half day, there were large stretches or buying or selling. Also, a 7 cent gap down latter part of session. Closed with no change in price from Friday's close
Liked today's volume of 256,456. Shows there is still interest in NNVC, and good accumulation/distribution. At this level, doubtful much if any trading on anticipated news. Lots of rumors are still swirling about (both good and bad).
The no change in price indicates indecisiveness.
Personally, I am looking to add to my trade position if price falls into the low range of (my) expectations. I am watching several indicators for clues to a bottom, bottom, as well.
I think we are at a resistance/support level. Lots of shares were traded at or near this level last week ($4.10 - $4.13). So, I may have to buck up and buy here if I want more shares.
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