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Re: ThomasAn post# 89653

Thursday, 05/04/2017 4:26:52 PM

Thursday, May 04, 2017 4:26:52 PM

Post# of 203913
technical analysis doesn't seem to work on this stock. Whenever it breaks support it changes direction and goes up. Whenever it breaks resistance it changes course and goes down. Way too unpredictable. Watch claytraders videos when he posts them. If he says "the bears are taking this one" the stock usually rises. If he says "looks like bulls are in control" expect the stock to fall.

Yes eventually I think it will hit the point of no return. I'm holding regardless of volatility. But if one of the principles of technical analysis is that the past repeats itself then I would bet on this stock rising tomorrow. I don't think standard technical analysis really applies to this stock. Just my thoughts