Gonna chime in: Honestly, newbe3, there are many technical theories to every situation, along with "Market Maker" manipulation, and what other board posters say.... However, I don't know what kind of equity you're working with, but please always consider dollar volume and what even $100k equity can do to a penny stock in a day.
I'm GYST long. Just giving an honest opinion of trading within the city limits of Pinkville. Good luck and follow the rules to win.