Bowmo Inc (BOMO): If you read the post over the last 6 wee...

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Dennisb68

Re: Batman412 post# 30441

Monday, 06/25/2018 2:13:05 PM

Monday, June 25, 2018 2:13:05 PM

If you read the post over the last 6 weeks you will see that the crarts are always saying it' going higher. Unfortunately it is actually down so 70& over that period and last weeks trading conformed the trend is still down. What the charts don't tell us what negative news, or lack of news can do to bring the share price even lower. All the charts can tell us with any accuracy is where the stock has been and we don't need a chart for that.
These low priced OTC stocks trade on news and emotion. They don't trade like the big board stocks and the charts don't work the same way. If you look at Barcharts they are saying sell. Not that it's time to buy, and that down from last week or last month. Without news this will continue to trend downward. Depending on the news it could continue to trend downward even with news.
https://www.barchart.com/stocks/quotes/UHLN/opinion

Remember that when someone tries to convince you to buy or sell there is something in it for them. It's not because they are concerned about your investment.