Does anyone think there is psychological resistance at the $10 level or could we be experiencing some sort of MM manipulation? I realize it could just be market flucuations but be have been bouncing around in the same range in a fairly regular pattern for the last few days.
I think we are seeing a natural resistancce level at 10. SCLN has moved up day after day without much of a chance for a breather. Some indicators suggest that it may be a bit overextended.IMO we are experiencing some consoliadion. I think we saw the same thing in the 5 area for a few days. To get"over the top" the stock needs some good news and/or a good earnings report which we should have soon. With either of those SCLN should break 10 easily and run up to mid teens with a resistence floor forming around the 10 level.
I fear deep within the NSA there is a massive effort to subvert this stock ruin the company. A faction within NSA is concerned about the success in treating Hep A & B. They started Hep A & B as a way to curb population growth in third world countries. Or maybe the stock moved from $1.75 to $10 dollars witin 3 months. or maybe there has been no new news, no earnings report, get a grip... $10 is great... it'll move