Hi Splendid88...
One thing I want to say first off is that I never rely completely on Technical Analysis for making longer term trading/investing decisions in publicly traded companies. (I realize I should have made this clear a long time ago - Best to combine fundamentals with technical IMO). Right at this moment not surprised we are in a quiet area as Dave Massey clearly said in his most recent interview they have to wait for Cornerstone's audit (around 45 days) to get done before we can up-list to the QB and also before they go after their next acquisitions in Texas and Indiana.
That being said back to the charts.... Looking at my last chart post I think we could easily slip back down and fill the gap at .79. There is another intra-day gap that I did not mention that could also be filled at .75 .
Overall though if we can just continue to bounce around between $1.00 and .75 for awhile that would be a win. The steady downward trend will have been halted. The longer we go sideways the bigger the potential next move up. We know good news is coming. Especially increased revenues!!
We may still see plenty of MM games. THEY WANT OUR SHARES. Look at the obvious bull trap created last Wed, 3/31/21. They got a bunch of people long there I believe and now need those people to sell them back to get out of them. (or other people) I am just slowly learning their games so this is all just speculation on my part.... One of the best ways for the MMs to get retail traders to sell shares is to spike price down...let's see what happens.
Splendid88....I hope you are right about your 1.35 call. That would be great!!
ALL-IN888 .... I hope you are right about .85 being support and we head up from here.
JMO....Anything could happen!
Plan to update charts in the morning...
"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -
