Thursday, May 27, 2021 5:59:52 PM
The last run to $2 wasn't technical, though. You can't claim that.
The last run was technical and I indicated a good possibility of it happening as it was an inflection point and it has not invalidated the BO to date.
On the 18th, I indicated a possible close of 1.79 (closed 1.78) after reaching 2.15 and the same day I posited the likelihood of a low opening of 1.55 - 1.60 the following day and it did open much lower and that it would recover. So here we are and I indicated we would most likely move sideways/dip before moving up.
All long investors wouldn't care where we are now because we are in the long game of seeing the company succeed. I put out my trade predictions ahead of time so I am accountable. Take it for what it's worth as I trade as I see as if I'm trading this stock. This is how I accumulate my charting experience. There is no sure thing in investing and all about probabilities.
Pedal to the Metal
Charts and comments are provided for interest and discussion for those who share a common passion for trading. This by no means constitute investment/trading advice.Scenarios created are for educational purposes only.
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