Chart says we moved from low of 1.16 5 days ago, mow 1.52, 31% gain. I know it may sound crazy to some of you, but I am happy it did not continue the spike up. If you follow stocks, esp, small bios, usually a spike up is quickly folled by a spike down, hopefully not back to where it started. This type of movements only benefit daytraders, not true longs. I would love to see it build a base here in the 1.50s and maybe in a week or 10days, start making a run up into the plx catalyst on May 1. Just my opinion, would love chartists or anyones take on this glta
Mofish, We could see 1.30's pretty easily and it would still be "on track" and considered a healthy consolidation. This most likely WILL happen in order for another nice leg to occur. If we do see 1.30's, it won't be there long and will attract some serious buying due to its recent visibility and TA...... this chart is on a lot of screens right now!!!