I don’t go into too much detail on those kind of details for these type of stocks. A basic analysis is enough. You can check volume also. There is activity that’s why I mention about the long period of accumulation. I think the issue is people get attached to one stock. Go for several on smaller amounts. Spread the opportunities and risks overall it’ll be ok. It is the market fundamentals and the commodity that will drive a lot of speculation in these stocks. Most people will be buying them later when 1000% gains are already made from these bottoms.
faruque_ju
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Chart for these type of micro caps are confusing. I have been watching this for some weeks now, seems there is no accumulation going on, rather distribution happening. There are lots of trapped sellers in every level. Its really hard for this to fly and I have seen broker data also which suggest distribution, not accumulation.