I agree, today's close very bullish, especially considering it was a Friday and we all that many playing these markets don't like holding these stocks over the weekends.
I think this will start out strong out of the gate again, but must break through the .05 resistance, which looks pretty thick at the moment, but may thin as we approach it.
If we can push through .05 early in the day, then we could see this upward surge continuing to .06, where it will have another difficult task.
All in all, its looking extremely good and with today's close it may even gap up again, like we did today. I thought they'd take it back to fill the gap at .04, but the lowest it actually got was .0402, which is another very bullish indicator because it meant that there was simply to much buying pressure for them to force it down.
I also notice that the company has been very active in keeping its shareholders updated, which I'd normally think is just a cover for the company diluting. However, watching this trade for the past few days its clear that there is either no dilution taking place, or its minimal and is easily being offset with the current buying pressure.
Oh well, new to the board, just thought I'd toss out my comments.
Good Luck!!!
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