What's driving this are the shorts. When they tried to buy today, they found out just how hard it would be to cover. Drove the price up damn near 70% on a few million shares. My guess is, they bought some, then stopped, hoping we would sell and go away.
Now, if you look at the chart - this is precisely the sort of uptrend a healthy stock needs. 2 steps up, one back. ALWAYS. That serves to establish support levels so this thing doesn't crash back to .051. My guess is new support will be around .18 - and that's perfect IMO. Remember, 0.18 was our resistance, and when we trade above it, it becomes our "floor."
If it was a walkdown this afternoon, or just flippers selling off - either way, I approve. Keep in mind- THE STOCK DID NOT "TANK" - we're up 7% from yesterday lol!
And just look at that purty golden cross. Suitable for framing, IMO.
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