The chart indicates this could keep going for several more days before any major pull back. I think we’ll meet a bit of resistance around $1, peak around $1.20-1.25 then pull back and consolidate around $1 as it would become a major support seeing as we have not exceeded that price since June 29, 2017.
Today’s closing price was an unfair representation of today’s story. Many asks taken out with substantial buys. Most orders were worth $5,000-$10,000, some even greater. Today marked the 35th consecutive day we closed above the 20 day SMA and the 7th consecutive day buys exceeded sells. Today’s dollar volume was the greatest since January 19; however, our price rose substantially higher today. Dollar volume was $166,850. $1 is in sight now!
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