Originally Posted by
Baa_Baa
While it has the attention of insto's and traders it will also chart well, for example yesterday was a double top test and fail then today a double top breakout failure and the retreat followed swiftly at about the same time the boards were ecstatic about reaching $9. The simple indicators are also working well, for example the RSI pointing down, MACD struggling to cross up and hold, and Money Flow has been pointing down since the previous high. This gives a 'thinness' to the recent rally, supported by modest volume.
Like you say Balance, if people buy into the fundamentals they will probably not be watching the daily share price action, have a decent stop loss margin in place to cover their butts and check out the SP every few months or so. But for momentum swing trading the charts help a lot and clearly there's money to be made for those inclined.