so much for the great SP run-up. It was great while it 2 days lasted. We need to uplist and we need nondilutive financing news I predict that if there is no other news than UK approval we will be lucky to see the stock tick 1.4 then fall back sub $1 again after UK approval
I did look at those charts. I just did not come to the same conclusions as others about breakout because the expectations are off in my opinion. I believe the bears wanted to run this up to have something to work with to press back down this is why I said we need to wait until at least Tuesday. I believe they think they have part of the summer to work with yet to create another swoon. They want a sell in May and go away scenario to get traders and worn out longs to sell them cheap shares right before their expectations for news. If manufacturing testing is going to go on through the second quarter then they likely hope to get the full swoon in before mid July. This was probably just market makers and bears taking advantage of anyone hoping for good news now and a retracement of sector buying after the NVCR news got looked at more closely. The new board member has not been announced to be a White Knight either as some had hoped. Best wishes.
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