Cartel Blue Inc (CRTL)

[kermit42]

I don't think so. I see 2 places where there is almost a double bottom formed. Once at .005 and another at .0025. But in both cases, the PPS dropped below the point and then moved back to the "bottom". The one at .0025 showed some strength, but it wasn't really the bottom because the PPS had already dropped below it.

But the bigger problem with these is that crazy tail on December 6 that goes all the way down to .0009--coming between the first and second bottoms of both potential support lines. We hit that .0009 today.

Now we have hit the absolute low 2X and we bounced both times (this time not like the last, obviously, but this one was more substantial).

Nothing is guaranteed, but this one looks good to me and if you do a public message search for RVGD, you'll find some smart traders taking a chance on this one.