Recall talking about "retracement" and how it is not unnormal to retrace up to 30% of the run up. It is also about healthy consolidation which establish a new price base for the stock.
We basically ran from .60 to a high of .96, some may say .50 to .96 ( I don't netiehr does that 60 cent groove on the chart) But MoMo day was Friday, the day we saw 780K
Anyway here we sit back at .86 or .87 after a week of trading since the breakout. Note the abysmal volumes in the down days too. LOL. The days close at .83 is simply a bail out by a greenloner not wanting to be losing any more pennies or nickels over the weekend.
I have been patient for 2 or 3 years, heck what's another month or two?? or three :)
