Following this stock for today. I'm hoping to enter my position later today before the market closes. Anyone else trading this one? The reason why I am waiting to enter is that the current price is trading really close to resistance levels (1.64$). I'm interested in finding out whether the price will break through its resistance level or if the price will dip below it. I appreciate comments and thoughts from other traders.
MY THOUGHTS - Current price (1.58) will drop, hopefully closing at a loss. My position is dependant on this event. If I enter today's position at a loss, I'm hoping I will be on time to ride the next wave tomorrow, or throughout the week.