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Re: C-20 post# 206888

Wednesday, 04/06/2022 5:58:44 PM

Wednesday, April 06, 2022 5:58:44 PM

Post# of 233151
I will let the chart be my guide, as it always has been.
Right now we broke the long term trendline retracement near .40 (top red line) and came back to test the 2020 low at .26 only to break that and go to .24.
The next support below .24 is the bottom downtrend line which is near .18 and below that the blue line which shows 2008 support at .12.

The uglies portion of this is the Accumulation/Distribution and On Balance Volume charts which obviously will look like this when there is dilution.

It will take an accommodative FDA, spectacular NASH or TNB news or a buy out but in the interim I will stick with a few thousand shares for my kids and when the chart shows a change in direction I will add more and catch the wind.

https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=20&mn=3&dy=10&id=p14867606377&a=1138175999&listNum=1

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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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