Thanks for answering so quickly. So there could be a bounce in the next 7 days, but no higher than 030 ish. And most likely it will fall to 0125, even if it bounces a little. By when do you think the 0125 could be hit? In the next 7 days?
The indicators are more oversold than they have been in a very long time. You would say that the bounce back from these levels would reach 030 but not higher? What are your thoughts on the oversold levels? The attached chart only seems to show when the stock is overbought.
Also, you mentioned that you like to call bottoms and tops, which we all know is dangerous. Is it possible that waiting for 0125 in the next 7 days could be unrealistic? Is it possible that it could climb huge before it hit that low?
And the final thing, and I wont to get into a huge argument here, is that there is a 'hint' that new PR or news is coming in 7 days. Could or will that have an effect on pps in the coming days, up or down?
Thanks for your answer. Please correct me if I put words in your mouth or misrepresented anything in your post. Thanks