Right now there is not much they can do. It’s a waiting game and investors must weigh opportunity costs vs potential gains. Traders are not looking for holding long term and they need time frames for getting in and out. Longs are loaded and waiting, momentum traders are waiting and swing traders are getting frustrated that they are finding it difficult to hit their marks. Look at Sojourner55’s longer term charts and shorter term action and you will see an unbroken uptrend that held even during the rampant manipulation that happened on May 10th last year and a current trend that points to the waiting expected to come to an end. Low volume tells you all you need to know about the lack of selling pressure and that buying here and there by longs who are already loaded but willing to add a little more isn’t going to move the needle much. The bottom rail point currently sits near $.51 but there is increased buying interest by those who are buyers at or below $.65. Patiently or not we wait!; ). Best wishes.
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