InvestorsHub Logo
Followers 43
Posts 5751
Boards Moderated 0
Alias Born 04/12/2021

Re: None

Tuesday, 07/27/2021 4:15:56 PM

Tuesday, July 27, 2021 4:15:56 PM

Post# of 62930
Usually there is a second and third surge into oversold on the six month chart if it ever reaches that zone on that chart, the two other things are the 50% retrace from .009 to .0038 and the candle pattern of 3
Down days after a major run up, there is no way to know when those additional surges will occur into oversold, usually if a stock has a future another run up would occur right after there are major sell offs within the consolidation period, if there is a full consolidation as is completed now on the 5 day chart, no way to predict exactly what will occur, but it would be bizarre to me if there is nothing else in this stock’s future so I guess tomorrow will see if egoc can achieve the beginnings of that next surge.

my posts are always theory and not financial advice