Had to come from too far yesterday to stand a realistic chance, but maybe today if we didn't spend our volume collateral yesterday and get a pull back. This should establish a new 2.20 to 2.32 trading range. But we gots to get there first.
I hope that people see the game. Now that we broke through, the buying went right to $2.30 which is the resistance and then they quit to let it fall and collect stock.
The price went up on surprisingly low volume after it broke through, so I don't think this game is going to work for very many days. It's not producing the profit taking volume that it did the first time by a long shot. Institutional type size is going to have to be acquired closer to $2.30 making it hard for traders if you have been using this technique to accumulate.