After a stock drops over 90% the bounce from its lows can be violent and dramatic. EXTO is in the midst of that dramatic bounce, one that could see it hit $.0045 or more a share.
For those of you new to this blog here are a few recent posts I wrote about EXTO when the stock was at $.0005. I noted how a break above $.0008 would be a bullish signal. Today it closed to day at $.0015 with after hour prints of $.0016.
A substantial bounce lies ahead
Awaiting Breakout Confirmation
The question now is just how high this stock can go. With MSOA hitting $.0045 a share today, I suspect EXTO could see a similar short term result and that could come as early as tomorrow.
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