Replies to post #5156 on Easton Pharmaceuticals, Inc. (EAPH)

[goosegoose12]

EAPH – Volume/Momentum - (Easton Pharmaceuticals Inc.) - closed up a whopping 254.17%, at .0085c a share, on record daily volume of more than 40 million shares traded today. Shares saw a heavy bounce today off recently created 52 week lows of .0014c a share, after what seems like a swarm of investors took notice of the Company's (some sort of) entry into the medical marijuana market, reaping the rewards of momentum generated in the sector this past weekend related to CNN's "Weed" documentary with Dr. Sanjay Gupta. Shares traded with a high of .0119c, which will be a key level of resistance to break in order for the stock to move higher tomorrow, or over the short term, and will be something to pay attention to. We would expect momentum to pick up and a rally in price to follow on a break past that level. Keep it on close watch tomorrow.