Thursday, April 17, 2014 5:38:27 AM
But the way the price levels have established support zones, they all feel ok to me, Its not critical that 2 dollars doesn't hold, it could hold at 1.95,or it could fall back to 1.85. I would not sell any shares.
there is no special reason to start worrying if price falls below 2 dollars. The time to worry was back in late January, when price had already made a great soaring rally from the 75 cent area to 3 dollars....and Then made a hyperbolic surge from the pump and dump game, to 4 and 5 and 6 dollars....That was the time to get nervous about bizarre price action. and we saw what happened.
the 2 dollar zone is no different than 2.35 zone. 1.85 ... its all support layers.even down to 1.60 area
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