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Tuesday, November 21, 2017 5:25:00 PM
I'd say that support is at that line, which did not get broken today. So, IMHO, if this line does not get broken, the gap back on 10/20 will not have to be taken out, but that gap will get filled if that support line does not hold.
This being such a new company, its not realistic to expect "knock it out of the park" financials, but then again, how often does a start up begin showing financials that even come close to being OK.... how frequently does a new little company show good numbers this fast?
That and the fact that its slated for inclusion as one of five companies comprising the index.
I'd be happy if there was a quick smash to take out the gap and then it got that out of the way and the decks got cleared for the excellent news events that are stacked out in the near future, one in line after another....
CME future 12/11....
ETF opening 1/18/18....
mining server farms opening in Iceland & Sweden next month....
My vote is: crash to the gap and get the chart issues out of the way. Clear the decks.
We'll see.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
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