Replies to post #50212 on IJJ Corp (IJJP)

[GrandAdmiralThrawn]

This should've been at pennies already, this is just not right, how many times do we go down before we go up?

[User-65225]

Chart: We'll see. The close under the 50DMA, on decent volume, could influence more technical traders to start selling. It could be the straw that break the camels back.

All day there was selling into every small intraday bounce (lower highs/lower lows). Without a near term catalyst, this trend could continue.

If you turned the chart upside down, people would be claiming a Cup and Handle breakout is coming and that the 50DMA break is bullish... Considering that the chart isn't turned upside down, the pattern is a bearish Inverse Cup and Handle. If it loses .0027 it will get ugly imo.