Looks like the steam has gone out of the recent upside move. No surprise if the price retraces to .34 -.35
Actually, as indicated by someone else, it is establishing a new base at .40.
If anything, the next retracement is .48-.50 and then .70-.80
Look for the steam to get stronger as we near the earnings date.
As previously indicated.
Your call of basing at 40 cents is spot on. Congratulations! Lets hope Q1 release supports your next call on the move up.
Agree about basing. . BBs narrowing and we are setting up for the next move after earnings. The next few months are traditionally the strongest for beverage companies.