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Re: berta post# 4953

Tuesday, 01/30/2018 8:58:48 PM

Tuesday, January 30, 2018 8:58:48 PM

Post# of 6603
I still believe what I said in post # 4893 holds true. We are still in the range, RSI-14 has held just above oversold. That along with no positive news make for no real catalyst to cause a move upward. Also, the 50 DMA has begun coming down. The high closing prices of 17-24 Nov are just coming out of the average (we had holidays in there and I believe the avg. only counts trading days), it should turn down quickly now. As I said previously, I believe chart and PPS will become self-fulfilling until it reaches support. The question then will be how deep into the support level will it drop and when do you, I or anyone else feel comfortable waiting to buy in.(before it begins heading back up).
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