This chart is just showing the 5 minute 5 day, and I'm only looking at todays price action.
this is actually very instructive to watch like this today. as price bounces up and down to targets, and doing it very close to the diagram I drew hours ago . to the targets, to end the day and end the week. in this key station shoulder support zone (3.75-3.85-3.95) I don't like the way the early minutes sold 400 shares to drop it from 3.74 to 3.71....I would call that 3.71 fake, and the real low target today at 3.74/3.75. The topping zone seems to be 3.93, so far. gyrating in this support zone, as it Holds the critical 3.80 today. It could plunge below it Monday if that's what the supercomputers are instructed to do. The gap around 3.65 isn't the ultimate target for me. An orcheatrated bleeding financial game , if they intend to do it again, could target the 3.30 all over again. but I don't expect it. why don't I expect it? I don't know. I'm watching step by step, and if it drops below 3.70 I'll consider buying a few more shares, but I'm being cautious here, since I'd rather get a stink bid at 3.55 filled instead. 3.57/3.53. 3.47? who can say where the computer's target is? somewhere around there. but it could hold at 3.63 just as well. It could hold here at 3.81 even. I can also say, that IF today's Low (3.71/3.74) holds as a pivot bottom here, the rest of the price pattern suggests a rally target back up at 4.10-4.19 again, retesting those peaks. 4 dollars will become the support line that needs to hold.
There isn't a great dominant direction right now, today.... its playing in the support zone,and hasn't decided whether to break out and target above 4 dollars , soon, or whether to plunge more and target 3.65.
