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Re: zakattack post# 134201

Monday, 08/05/2019 8:30:23 PM

Monday, August 05, 2019 8:30:23 PM

Post# of 140333
All IMO - You're not wrong Matt.. but your not right either.

This appears to be a different and unique trading pattern. Pushed up against significant resistance it will take Habuda delivering on 'huge' that he promised to break this resistance level. But today's trading did seem to support Don's point.

Don't stress about 'unknowns' calling you out. You've earned your stripes.

That said.. when a CXO promises and doesn't deliver, be it a CEO (with a long history of missteps) or a 'fresh face' COO (brought in to offset that long history of 'sh!tin the bed') the market generally sees moves before the individual investor. It looks like accumulation is taking place on a broader scale than in the past.

But Habuda needs to deliver. If he doesn't then the support won't hold and a breakdown seems likely. There is a bit of time before the move happens, but bbq and golf wont keep this from 'dying on the vine' again.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y