Tuesday, September 14, 2021 8:28:48 PM
As far as not being a buyer, well I understand, as well as the reasons you gave. You know it would be a hell of mess if we all bought at the same time.
Here let me include a couple of charts, tcnnf and msos.
TCNNF -The two points of interest is an oversold on the weekly, first one since MAR of 2020. And also, in red the FIB retracement currently around 61 percent. Since were switching terms here I call a break of the 61 percent, if done for more than a day or so, the wild west, which sounds like your broken.
Usually accompanied with wild price swings and volatility.
I also use the word reasonableness, meaning among other things is it with in reason to expect to the avg investors to buy or sell at the price given, which would also be the risk/reward factor. That would be high or low.
The 2nd chart is of the MSOS
This clearly supports the overall theme of the sector. I highlighted some of the more obvious indicators.
THIS IS NOT REASONABLE.
We may have to come up with a new term past broken or wide west. This, this is just blown. However, when this turns everybody will get happy with almost anything in the sector I would think.
Now I can’t predict the future, I can’t time the market, at least not more than just a guess. But I can do risk analysis and blend in my reasonableness. This cannot continue for very much longer. IMO
What I see is opportunity
https://investorshub.advfn.com/uimage/uploads/2021/9/14/gunxzsc_(1).png
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