Where it closes isn’t as important as the fact that it has a bottom resistance of around .0035 now. It went down there again today and bounced off. Before it started running, the upper resistance was .0035. Strong uptrend signal if you know how to read charts.
The PPS at the close of day is merely a caption in time like all the rest. What matters is that over the last two weeks or so the PPS has gone from a low of .0026 to a high of .0052 and has settled to .004ish. That marvellous! I liken it to a race car moving to the starting line. It makes some noise and burns a little rubber just to let everyone that its got something special under the hood. Soon, a financing announcement will end all the speculation and it will be go time. IMO, now would be a crazy time to sell and a smart time to buy.
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