Great day period, take note after the morning opening what we ended up doing here. The gap this morning could not be supported by volume and so the stock moved right back down to fill the gap and ended the day with a gain. The volume was good, it was more than half of yesterdays which means it is a solid move. A solid close once again above the 50ma, and tomorrow if the stock continues to move up it will create the golden cross, we will have to see if that sparks off something.
The movement upward is actually well paced and stable, as we saw today even throwing a million share block it at it did not phase it, we went right back to the established trading range for the day. Look forward to see how tomorrow plays out, the indicators are just getting better, and we get closer to seeing a production unit at HQ. By the way, this move was not sparked by momo players, it got their attention, but it was actually investors buying back in after their tax write offs cleared. Just that bit of 2 million in volume is all it took to get peoples attention.
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