I have been wrong before. But this is a text book case here. Hit the MA (10) at 35 and bounced hard. Lot of possibilities here. I am putting my money where mouth is. I am going purely by the technicals here. The only way I see this not moving up is if the co. dumps millions of share.
Well we know they've been accumulating a lot of shares... There isn't a lot of buying pressure... A good strat for them would be to accumulate as much as they can, then bring this back up to the green... they make a ton load, and they also grab new investors to look at the stock. Buying pressure can resume tomorrow if they'd like and we can see a push past 007, this is all highly possible!
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