InvestorsHub Logo
Followers 10
Posts 823
Boards Moderated 0
Alias Born 12/02/2012

Re: Baystbully post# 39470

Wednesday, 04/03/2013 8:14:31 AM

Wednesday, April 03, 2013 8:14:31 AM

Post# of 92309
You beat me to it. LOL.

So what I've been able to gather so far since $.18 is that:

Support 1 for DROP is at A. It may or may not hold here.

Support level 2 is B. If may or may not hold here either.

The next support level is C, if the previous support level doesn't hold.

If we cross the X MACD, we'll go down if there's selling pressure but will go up with good news, or may go down with bad news.

Then include some charts and if I were a newbie I would think that there were profound implications behind those array of colorful dots and lines.

When a theory is in popular use, it breaks down and becomes less effective.

Essentially all those esoteric theories are saying, "At any given time, the stock may go up or down."

$DROP