I believe the bull-market woke up with a hangover. Give it a day or two and the bull will continue onward.
However, the bear is very anxious to ride the wave back down; so the bull better watches its back.
$DMRC took home the award for best rally. Friday breakout literally opened the door for the pended up energy to be released starting today. In one strong powerful move, price today took out the 79 & 89 MA resistances as well as the downtrend line. Another up day tomorrow will confirm the solid bull run. I believe the market is beginning to understand the “what will happen” in the fundamental story of Digimarc.
From my perspective, “what will happen” is going to change the way the brick & mortar retailers operate in the future. In the not too distance future, there will no longer be brick & mortar against online; instead the two are part of the same picture but in different format- one in the virtual world and the other in the 3D physical world. Customers either press the finger on the product item (on touch screen) on the website or point the mobile phone at the product on the retail shelf to get the same information regarding the product- be it detailed product info, price comparison, or customers’ feedbacks, etc.
Once the Digimarc barcode are embedded in all product items packaging around the globe, the retail landscape will undergo a complete makeover due to the inherent benefits of the invisible watermark that allow technologies to take advantage of its multi-usability.
My guess is that today up bar is only just the beginning.
$IBIO, $BIOC, $AKAO, $ARTH were stretching their legs today. Time will come for them to show that they can run, really run.
My 2 cents
From my camera (click on photo to see image at 100%)