Good morning! What I like today, as strange as it may sound, is the some 5 mil in SELLS....and yet we are holding .01: big strong sign so far.
Those shares were looking to sell and sell they did - going forward they will not prevent say an .02 or even .05 break if we get there.
Almost every penny break I have been in retests .01. Sometimes it takes days or all week. The one exception this year I saw was BR*V: it broke a penny and didnt dip ... went to .03 with a 700 mil float! I like how we just went below a penny and it was bought up quick....
Every single trade over .01 just makes .01 more of a support.....as we cycle through profit taking.
We are stronger right now then at close yesterday, cause we have been tested, and so far - our strength test is going well.