I am hoping for a downtrend reversal in the coming days. If VNDM stays off the ask tomorrow we have a good chance of breaking the PAR SAR to the upside, which would be the first of many indicators of finally seeing a reversal. RSI also seems like it might test 30 to the upside tomorrow. I would like to see the volume hold around the 2M+ levels without signs of any real heavy dilution as well.
Stability is welcomed in my book. It has got to stabilize before any real recovery can happen. I definitely agree with the fact that last weeks rally was a normal pop from news followed by a pull back but what I like to see is that it may have made a higher low in the process. It's also nice to see the chart level out somewhat and seem to begin building somewhat of a stronger floor to hold this up.
Looking to jump in here. Can you please give me an honest take on this company. I see ID_finance sees this as a traditional pump and dump where the company's debt is looking to overcome it's potential growth/sales and it will dilute or R/S to stay afloat. not interested if that's the case....outstanding shares on my brokerage account state 18.8MM, that can't be right, can it? That's extremely low for a penny stock. Thank you.
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