lowtrade

[lowtrade]

ARNA

Welcome to the board.

Outstanding work in your 1st eval. Spotted and called out everything seen correctly, except missed comment on 50/200 negative cross. Which I wouldn't have seen anyway. Don't usually use long term indicators on short term chart. Just look at 6 month before I start. IMO though, if you present it comment about it.

As I often post, history can help with mindset, going into a play. I had some concern because the 50 crossed 200 down. So I took a longer 6 month then 9 month look, to see how retail had viewed the stock, in the past. This is not a pennyland stock. Investors can still be around, seen in the 3 and now 4th attempt to break above resistance.

It helps, with concerns, shouldn't change decisions. Just Sooths the mind some. 50/200 was a concern, now not so much. There was 4 months of retail consensus @ $4.75 and 1 month of doubt @ $4.25, before the emotion take down and repeated attempt to get back to retail true value.

My guess, this was a shorts battle! And you may see them covering soon.