Now, i said several times, that CDEL sits at 0.03 for a long time and with a couple mille shares, sometimes more and sometimes less. If we are going to ask us now, why we cant move above the 0.03 and that is because that the 0.03 never really gets hit.
Keep also in mind, that CDEL is a Market Maker, which routes approx 35% of TTCM shares, Nite sits also with +30%, keep also in mind that CDEL also routes for Nite used Brokers ( earlier we had ATDF which routet also for Nite brokers)
Is also very good possible that the router Cdel which sits at 0.03, buys at the bid much lower and puts them back up higher again. And so long we are not moving above this channel, he can keeping and doing it, but there is also big potential, that additional sellers, selling below 0.03 and taking profit and that because of the small hurdle at 0.03.
The only thing that we need is volume at 0.03, thats it.
But, there is also someone accumulating big shares, below 0.03, it could be also him.
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