Replies to post #30769 on lowtrade

[floydianslips]

Interesting indeed. That is a solid chart. The second resistance was broken. There are large gaps to the next resistance of $3.20. StochRSI and ADX are solid, CMF is close to crossing 0. All of this creates interest.

[browneyes]

SWSH acquired lots of companies. too many to name and are being sued by investors in class action lawsuit for false and misleading statements. the list of companies acquired is the most i have seen in my VERY limited experience as investor.

[Kristallweizen]

SWSH bounce play, no entry signal yet, exhaustion candle.

IMO

[chart]

[trader guy]

Other than its closing with a high candle spike, the 50dma being in the way of the last gap close and volume being low for such a big up day, it's a perfect pinch play. ;-) Maybe it'll drop back and retest first resistance break before going higher and offer a chance for a small first entry.

[picheljitsu]

A candle tail would be expected on a day like this though, wouldn't it? May be an opportunity for some bag-holders and the people who mistimed the bottom to get out?