Well it bounced back into the 50's ok....but the volume wasnt impressive today. we need some big buyers to buy 100k.
The 50-52 zone needs to hold again. then break thru resistance at 57-62. then stair steps of higher resistance above that. I dont know whether GNSZ is a POS or its ok or its very good,and just needs time... I bought based on JBEM's DD.and the look of the technical chart. I dont think his efforts to find good biotech plays are done carelessly.
But it got Hammered back down to the bottom.So does that make it a POS or does it just need more time to develop.
But regardless, we got a bounce today from the bottom. lets see if we get any follow thru the rest of the week.