watching for a double bottom

    Posted by jcm2323 on 29th of Jul 2019 at 07:16 pm

    watching for a double bottom here to add back my shares I sold higher.  Still a lot of work to be done here but believe in this longer term.  

    nice that's exactly what I

    Posted by matt on 29th of Jul 2019 at 07:17 pm

    nice that's exactly what I told a few guys as well, I said to watch for a potential double bottom should it probe lower. I'm also happy that you sold some on that last bounce, was a textbook bear flag and price was gonna come back down again, which it has

    Yup!  One thing Im concerned

    Posted by jcm2323 on 29th of Jul 2019 at 08:03 pm

    Yup!  One thing Im concerned about is that PRED is below all moving averages which is never good.  So I dont expect a huge move anytime soon.  Will be thrilled if this can reclaim $3 by end of year.  Will have stops in if shorts dont want to give up.  

    as I told another guy

    Posted by matt on 29th of Jul 2019 at 08:27 pm

    as I told another guy a few weeks back, the chart is broken, it will take time for it to heal and for it to be ready to enter a sustained momentum uptrend again. unless something crazy news out of left field comes in, I generally find technicals rule and the chart needs time to heal

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