Interesting looking chart with rising volume the last few days.
Might be shorts covering - short interest is high with 20% and might go in squeeze mode since it´s a small cap with relatively low liquidity.
Round bottom looks nice as well as the double bottom (almost.. more if you think of aa supportzone than the previous low)
Might be shorts covering - short interest is high with 20% and might go in squeeze mode since it´s a small cap with relatively low liquidity.
Round bottom looks nice as well as the double bottom (almost.. more if you think of aa supportzone than the previous low)
Commentaire:
Well not this time. I went long right after breakout and got stopped out at 19.30 USD yesterday. Will have an eye on WBAI´s reaction when hitting the supportzone from about 17,30 to 16.50