Thursday, March 16, 2017


Company announced 10 to 1 share consolidation frightened traders into a knee jerk sellout! At the end of the day, it looks like traders got tricked, the BB scooped up the share on weakness and closed it at today high. The short term Price Action is pointing to more upside in the short term. It will be met with resistance from 0.22 to 0.225. A convincing break above 0.225 will signal strong underlying strength and upside to 0.255.

All posts and charts are for educational and illustration purposes only

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