from previous spikes. It opened flat and started moving up! Also, volume on the upticks is far greater than the volume on the downside. So, I am looking for a close above $7.00 for a nice gap up on monday. Thanks shorts, keep shorting it. You will cover soon!
Every time the stock moves straight up like VXGN, sellers will likely be stepping in and take profit. When these short live activity becomes inactive, then buy interest will trigger other participants to buy more and thus push the stock up again. The current volume of VXGN tells me that it needs at least another 1.5 to 2 million shrs to break 7. When this happens, institution buy-program will trigger their radar screen to make big purchase. If 25k to 150k shr blocks going through on the ask side, then get your money ready. Remember! Always trade along side with institutions, not against them even though most of us don't like them much.
PS. Better book in for small profit than losing every dollar of your hard earn money