Resistance is just profit taking. The huge volume of eager new buyers will snap up those shares in a hot minute. Shorts will start to cover when they realize it's not going to dip.
it already dipped, that was their last chance to get out @ .40's
....it already pulled back to .28...now on to .52
You really think that "eager new buyers" are going to show up today, hours before earnings are to be released, and buy this this stock when they did not participate in the run up from .10 cents???I don't think so scooter.If a long has not bought yet they are NOT going to be suddenly inclined to buy today when they could take it up the (you know what) tomorrow.Buying YRCW today is like playing Roulette in Vegas.
the market can stay wrong longer than you can be solvent T.A. and the analysts are going to be way off tomorrow.08 loss will be a .30 cent q2 profit,that's my analysis
TA,You should cut your BS!You would say the same thing irrespective of the price.