Replies to post #937 on 123Tom's TA study group

[TheHound]

You'd probably think I'm crazy if I told you I'm still sitting on the sideline waiting to strike ;-)

[123tom]

Same here....same thing.
RELENTLESS giant steps down at every open these days.

I had placed stink bids last night I didnt think would get hit, at 5.15 area.....they got filled at 4.52...and then this plunge basically to the 98 cent Bottom, and it overshot to 3.60....but geez, even that kind of overshoot...its like 50 cents is nothing

3.60 = the old 90 cent from pre-split.
now the 200ma is in play. but the broken recording inside my head wants to say....This 4 dollar zone is a key bottom zone and it ..."it could hold as support, blah blah "

What is going on with this stock. Is there nothing but selling and shorting? are no hedge funds buying? no big money buying here at 4 dollars(1.00)???!!

IF this 3.60-4.00 area becomes the Mother of all bottoms...then the 50% Fib bounce would have 2 main targets...the wave from the 13.20 pivot high to 3.60 yields a Target at 8.40 and the wave from the 14.80 top to the 3.60 Bottom yields a target at 9.20 area.