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Monday, December 06, 2021 9:15:53 AM
Charts aren't looking great for open, but stuff is oversold, so if it craters at open I would expect it to bounce most of the way back in a matter of a few hours to a few days. That said, a LOT of things have changed since April.
It would seem the .8-.10 level would have to be stronger support; it's the same level that reversed the bear trend down from $1 back in April.
I'm selling a few at open to mitigate risk, will add those back later if things start to turn around. I'm bearish and think this is headed to the 200 week moving average near .053 but I'd love to be wrong! :)
GLTA
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