Prolly cut in half, could soar, who knows?
I don’t think there is any “resistance”. Maybe if WOFA gets cut in half some bargain buyers will come in but it’s not like this is a very liquid stock. I’m sure a lot of the recent buyers will bail asap.
There is also a chance that the rally of the past few weeks is based on legitimate speculation that James Pakulis is ready to activate the WOFA shell. The bogus SEC suspension was because of “unusual trading and social media activity” but that buying may have just been legit accumulation coupled with a few jokers on social media. I mean, it’s not like the WOFA social media pump was some massive campaign! There were a dozen of so messages tagging WOFA before the suspension whereas there are often thousands or even millions of spam social and traditional media when the real pump is on
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