I have to respectfully disagree. $1.61 was major support going back to Dec 3rd. A bear raid on Feb 13th pushed us through 1.61 but we recovered and finished above that support. Thursday and Friday we moved back down through 1.61 and couldn't finish above that support. IMO it means we may slide down further from here. News changes everything although chart is saying no news is near. Sold 2/3 of my position on Wednesday (1.82). Will wait for lower entry. GL to you.....v.chenzo
We opened friday (2/22) at 1.61$ and closed at 1.59$... A whopping .2$ move on below average volume... Give me a break! Intra-day Friday most volume came from buys! I'm sorry to hear u sold 2/3 of your position under 2$. What prompted u to sell? Was it price-action, or data?