By going over the trading log today. You can see, not very many shares went for under .07. About 90% of all the trades today were over the .07 area. Breaking the .066 double bottom was not bullish I will be the first to admit. Seeing the transaction for under 5k at .06, was not bullish. Now lets talk about it, it appears since the volume is not very much. Heck 100k at .08 is $80k in a day. Not too much dollar volume at all, sure better than $20-50k, but not the $100k++ that we need to see for a move in the upward direction. Wednesday's trading day will be interesting, lets watch the volume and the PPS. What I will be watching. I want to see most transactions go off over .07 once again! We closed with a nice 50k bid at .065 at the EOD. Will it be there at opening? No idea. I do not want to see the stock trade at .06 or lower. That would put us quickly into bearish territory. What we need to see is the .08 area come back for support, for that to occur, we need to close at above that amount in the next day or two. The longer we trade down here below the past support at .079 the longer the recovery will take. I think with the 100k volume today, we can say it appears to be retail, and the dilutor MM are not present with this stock. I am here for a test of a dime and more! I know by looking at the chart it has crashed hard, it bottomed at .066 a few days ago. Today it hit .06. IMO we get to .08 and a dime will come fast. I know I am here to see a nice bounce! Best to all here, I have no idea what the company does, nor do I care. This is a Technical Bounce Play only for me. I look at charts, and that is all that matters to me. I am do not care about the good/bad that the mgmt. here does or does not do. Best to all.
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