Sunday, April 28, 2019 11:42:26 AM
There have only been three death crosses for $TXHD in the past five years.
On both prior death cross events the death cross to trough was 98.09% and 99.84% respectively. $TXHD has only had a ~68% decline so far following its recent death cross on 03/229/2019. History suggests there's a long way to go till the real bottom.
The spreadsheet shows the information in a tabular format:
The 5-year stock chart shows each death cross and $ price (black circles highlight the death cross), the trough and $ price, and the percentage decline from death cross to trough for each death cross.
The current chart shows the death cross and $ price (black circle highlights the death cross), the trough and $ price, and the percentage decline from death cross to trough so far.
Where this gets very interesting is the current Bid prices, of which a couple were selected from different days. Pay attention not to the high Bid, but the shown low Bids (and what's likely below them).
Notice the Bids at $0.01 and $0.0101 (highlighted red boxes), and likely Bids below those points. There's no real support for $TXHD at the current price, and naive investors are being tricked into buying high price stock around $0.15-20 when the real bids are around $0.01 and lower.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148456503
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148434702
Why are these low $TXHD Bids important?
These Bids correlate with an 98%+ expected decline in $TXHD. The ongoing decline is expected because traders are Bidding at $0.01 and lower.
In the interim unsuspecting investors and traders are being urged to buy high priced $TXHD bags.
Those who don't learn from history are doomed to repeat it.
The paradox of iHub: buy high, sell low
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