Received 1 Karma
petwyt1218
petwyt1218 Feb 05, 17 11:38 PM

We'll see but I'm still not convinced. Have you seen Mark Croocks webinar on volume? Tim posted it on his YouTube channel a few days ago. The chart looks exactly like what Mark says is a bad pattern. You generally want the socks to have big volume during the run up and that hasn't been happening. Half a million shares is nothing. Also, looking at a 5m chart the range on this isn't good. 10 cents a day is not a lot of movement at all. I feel like if this does break out then it either fail or it w

petwyt1218
petwyt1218 Feb 05, 17 11:39 PM

Will break out very little, maybe to 1.80 or 1.85. Also under the 5 cent rule which I don't like. I wouldn't trade this stock

petwyt1218
petwyt1218 Feb 06, 17 8:04 AM

Oh I'm sorry, not 5 cent rule. It a just so thinly traded that it looks like the 5 cent rule. It jumps in prices, not smooth price action. That's not nice to trade. Anyway today there's no premarket trading, this needs volume to move and there isn't much now. Maybe tomorrow.

Join now or log in to leave a comment