I've been watching level 2 lately on this stock , although i don't have any tech analysis skill , i feel position were being built lately rather then the stock being dumped .
290,000 shares changed hands in the 6 days prior to today below resistance wich was at 1.50 . Volume today above 92,000 representing 38% of the daily average vol. with a price hike of 0.25 was substantial .
This morning news and the market rise played an important role but i chose to keep my position hoping tomorow could see the price rise a little more , the stock has been depressed lately and i think it still has some way to go .
Anybody here has an opinion as to what a reasonable target would be if the broad market remain positive for the week ?
regards !
Tec