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Replies to post #18580 on Giggles N'''''''''''''''' Hugs Inc. (fka GIGL)
1~Eye~Jack!!
05/01/17 8:55 PM
#18603 RE: stockchaser64 #18580
GIGL STOCK NOT GOOD here with a paint job at the end this will lead to a bigger drop tomorrow JACK look like interest fading here volume levels droping and even with that last small buy which was a slap to get it to .9 this stock is in trouble.DILUTION in this stock may be picking up here.SURE don't like what I seeing here slow bleed will lead to a huge bleed downward very soon.strong sell
A dead cat bounce is a price pattern used by technical analysts. It is considered a continuation pattern, where at first the bounce may appear to be a reversal of the prevailing trend, but it is quickly followed by a continuation of the downward price move. It becomes a dead cat bounce (and not a reversal) after price drops below its prior low. Short-term traders may attempt to profit from the small rally, and traders and investors may try to use the temporary reversal as a good opportunity to initiate a short position.