Those who bought at 0.565 to 0.625 are sucking thumb and sore about their paper losses (if they are still holding) and will be awaiting for it to go back up and get out on first sign of bullishness.
There are many stocks currently in this stage (pink circle) and I am being more selective now in buying stocks at this juncture.
Let me qualify myself first. This is a penny stock and highly volatile, hence do not take this trade if you cannot take the volatility.
This stock has the hall mark for a stock in the beginnings of a bullish trend: a base formation that lasted 2 years and now finally breaking above the 0.305 long term resistence strongly on 28 May, hit high @ 0.38 before...
