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Re: Black-Ops post# 94874

Friday, 07/17/2020 4:55:07 AM

Friday, July 17, 2020 4:55:07 AM

Post# of 232488
Here's a question for you:

WhenI warned that the stock was overbought, Extremely Overbought, and then Dangerously Overbought. where was your DD then? Many then called for prices to continue up . I read $25 even as much as $100.
The only way to know is by the O/B indicator which I pointed out. that's T/A not DD.
It dropped 50+% in 3 days. Rather odd for a stock with such expectations .
Nevertheless it dropped.
Now it bounced back retracing some of the loss. Very Normal.
You may dismiss T/A but when it has such a wide following, others employ it.
And that's what assists in determing market direction.
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