ML : = Manipulated Legend
April 9, 2011 1 Comment
What an insane chart we have here. An absolute mad ramp, leaving a huge price barrier near 1.00 and indeed plenty of interim resistance from just 0.91 to 0.97 to deal with first.
The stock has support at 0.83, but even then there are easier trades out there, and we feel the chart is an advertisement for evil market making, so we prefer to stay clear in this case.
It would need to come off to 0.69-0.70 on low volume to get us interested.