DEWM - Follow up

DEWM had more big news today:

Dewmar International BMC, Inc. (DEWM) Files Provisional Patent to Treat Lung Cancer with Cannabinoids

http://www.marketwired.com/press-release/dewmar-international-bmc-inc-dewm-files-provisional-patent-treat-lung-cancer-with-cannabinoids-2226495.htm

Dewm opened strong today and made a new HOY (Hi of Year) but as it has a habit of doing, it moved a bit too far above the 8 day. So it faded the rest of the day to close at a respectable  .0144.

Daily Chart:

My suspicion is that unless there is a major news release, it will consolidate for a couple days or so, finding its way back down to the .0125 range where I expect it will make it's next move to .02