Is a Grandich pick.
From my charting I'm seeing a bounce that may take on a major reversal and head back to 5.00.
I have taken a position and am going long with a stop at 1.85 for the downside, but recent Level II suggests a breakout over 2 is taking place on volume.
The difficult thing to crystal ball is the large float which makes the level II hard to read.
However, if you move to daily renko charts the trend seems to be moving into an upward swing as the bulls take over.
I will be adding some commentary to the Public list... The strategy is to buy the dip if it moves under 2.00 to 1.80 but soon the dip may be just above 2.00.
This may develop into a longer hold and I'm presently entertaining a target on a break over 2.25 will eventually put a swing in at bout 3.00 to 3.50.
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