With Form 10 we are looking at jumping even more due to what you said last week, Financial Institutions finally being able to buy in. Expect easy $1 /share next week. Hop in
You made a high today of 76 cents and then it looks like profit taking has taken hold. Too many weak hands. It'll need to consolidate. I'm waiting to see what happens at 54 cents. 10-minute bars as of 8/9/2021, 2:10pm central
In a coil. Could break either way or just pee out the end of the coil. Supply and volatility have diminished significantly but it seems too early in the trading range for a sustained move up. My inclination is to wait for a test lower as I think the CM (the aggregate of big smart money) needs to re-accumulate the stock and get it out of weak hands before he'll let it break higher out of the range. 130-minute (3 bars per day):
