Of course the chart looks bad and therefore some are selling. And many are buying into another red opportunity. One either has faith as holds on, others add because they are fortunate enough to have investable funds, and all that do should be fine over the longer hold.
EIGH, imo, is not a chart play but a longer term fundamental play which is also being locked down by the Den. As to the lockdown..... We are still very early in that phase..... The main focus of the Den, as has been stated over and over, is the 'C' stock and that is much closer to playing out than EIGH. There should be no surprise in what I'm stating here.....
Act in Spite of Fear and Uncertainty
Ex B.....