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Re: SeeingGreen420 post# 10467

Friday, 05/09/2014 1:13:42 PM

Friday, May 09, 2014 1:13:42 PM

Post# of 32851
Well it looked like it was stabilizing for the last 18 days. Was forming a nice channel but today it looks to have gapped down below the lower price channel line. Maybe I drew it wrong but I drew the bottom of the price channel at around .86. Maybe it should really be at .56 due to the candle on April 14. If someone could let me know which one is correct, I would appreciate it. Was happy to see it trading sideways within the channel for the last 2 weeks, instead of trending down, but today makes me feel like I should have sold yesterday, when it ended below my price channel. Gap down today makes me think I drew it correctly...Anyway would love for someone to give me a reason, based on chart analysis, to not sell in the coming days. If it gaps up on Monday I will hold, though.