Not surprised by today's pullback either. This stock is getting noticed and people took some money off the table.
I think this was pretty clear in the first 6 minutes of trade. A swing from $1.48 down to $1.27.
I'm certainly no analyst and looking for comments here, but it would seems that the swings today were too wide (compared to other days) with most of them closing on the down side. Is this a sign of a reversal?
I expect this to continue for the next few days as we find our resistance point for the last month!
Again, I'm practicing my TAs and chart reading so please, I welcome other's comments...
Cheers!