Once again this company doesn't follow charts it follows news. Big news we go up. No news either sideways or down it is simple I don't need a chart to understand that. Eventually the charts will make sense but for now they have no bearing unless we are way overbought or sold.
Well it better happen soon BIG NEWS can hit any day pushing this to new highs if it does get down to 2.50 I’ll look at it as a opportunity to pick up more
I disagree that the chart is bearish. It is above the 50 day ma and 200 day ma. We are in a Golden Cross signal for months. The Bollinger Bands are pinched with lower band at 2.85 which we held again yesterday. If we break below the 50 day ma on a close and on volume (2.75) then I would pull in my bullish horns but as of now this looks like a setup udentical to the setup just prior to the last leg up.