InvestorsHub Logo
Followers 63
Posts 3189
Boards Moderated 0
Alias Born 02/21/2014

Re: Golden Cross post# 3581

Friday, 04/19/2024 5:21:40 PM

Friday, April 19, 2024 5:21:40 PM

Post# of 3594
It doesn't take a rocket scientist to see what is happening here. The chart speaks volumes. It's time to admit that we were wrong on this one. Assuming that CBMJ does bounce back from here, it isn't going to happen quickly. Too much technical damage has been done to the stock to expect a quick recovery in price. As for making new highs, we don't see that happening anytime soon, if ever.

"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer