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123tom

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123tom

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Friday, 02/23/2024 5:28:34 PM

Friday, February 23, 2024 5:28:34 PM

Post# of 461399
In January, disappointing news triggered the selling. A major plunge, first to 5.88 pivot, then from 6.80... bleeding down and continuing down, small bounces roll over at resistance, and bleed down lower. Now price has reached the yearly Low Again...double bottom so far. What will it take for this downwave to stop here? If nothing happens to create a bounce, why wouldn't the selling game just keep on going.
4.90......4.00 ....... 3.50 ........2.75 ..... 2.25
Much sadness. Starting all over again at the bottom. But of course, management understands this. A long tiresome unpleasant year might be just beginning. Only good news will change it.
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