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Monday, February 08, 2021 2:46:01 PM
Looking at the chart with a feel for how the trading patterns have gone...its been a long time waiting to see the Bottom start to climb back up, into resistance, which would be here at 3 dollars.... but I believe we might be onto something real about the next big win here. Everyone trading this stock in recent years, has seen the support break down at 5 dollars/4 dollars, and then collapse to the bottom, so the trade pattern was calling for people to get their money back if it rallies up to the resistance at 3.00-3.40-4.00.Thats been my plan until now. Maybe its a gamble now to change that plan and just go with the hopeful development... I'm removing my sell triggers (3.25-3.50) and letting this ride now. Its a test of mental discipline, to have had the mindset that this stock is trouble, and the sellers will attack it again at 3 dollars and take it all the way back again, That was the short mentality. but this could become a big winner now,if our speculation is correct. and now may not be the time to abandon it,just to get money back.
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