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maddyandboomer

01/20/17 3:57 PM

#364335 RE: maddyandboomer #364334

Ooops...those are gone

stocktrademan

01/20/17 4:01 PM

#364337 RE: maddyandboomer #364334

Well it still looks fine to me, earlier I said the price can do what it wants near term and check back in a few weeks. In fact some indicators daily and hourly are now saying buy....so make a trade then, talking to me doesn't make any money just a thought...

Things will be better next week or the one after. If they're trying this hard to pull shares off people there has to be a reason.

If you look at the 1yr chart it looks like a huge double bottom forming.

If October was the center of the W pattern perhaps this is like the last August low. The stochastics are oversold...and the 20 is still over the 50, and the range of the candles are contracting which signals a reversal support area lately.

Also the accdist line is still tracking the price so dilution does not ssem to be a factor here.