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It may very well pullback. For those that

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GE_Jim Member Profile
 
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GE_Jim   Monday, 10/21/19 07:12:10 PM
Re: Wolf-man jack post# 59462
Post # of 61445 
It may very well pullback. For those that may day trade they may tell you a break above 2.14 or below 1.94 would break the micro{for Tuesday only}. And a short term reconfigure would be in order. I don’t day trade so I don’t care to much about that.
Forgetting the charts for a minute which is nothing more than a static picture of a dynamic event and keeps me busy while I wait for the real picture to unfold. No, IMO what is going on is nothing more than positioning. What are the banks going to do? FDA what exactly are they going to say. { those could be game changers} Quarterly coming out shortly, what are they going to present, what are they going to say on the conf call. Sec filings. All of those and more certainly can have impact to this investment. So, we position on what we think may occur. In the meantime, I chart looking for any irregularities and to some idea of what all investors in this one think. i.e. volume and the reaction to is more important than price right now. All within a reasonableness of course. FUD FOMO as example are not forms of reasonableness. Anyway IMO


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