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 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 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
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
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