Good morning everyone!
Well, sure alot of waste on this site of late...it's too bad, but not uncommon when stocks do not do what people were hoping for.
Then again, the naysayers are equally spouting a fair amount of garbage trying to get people to panic sell.
Seriously, just look at both the 6 month daily chart and the 3 year weekly chart at stockcharts.com
What do you really see there....
Ya, the stock could go lower...by how much...hmm, not much really and will you be able to get any??
But what you have to look at is what kind of room is there for the stock to go up.
Yup, look at the previous runs and what the indicators were showing.
There is enough room for the stock to test that .41...will it, can't say right now.
But the charts are saying either this is bottom....starting to get more and more convinced, or very close to the bottom.
Happy Trading all.
MS
