Well I guess we'll see where it goes. So far, it has if NOTHING else, trended towards the direction I said it would go.
We can sit here all night and argue... But only thing that speaks is the PPS... So... Again, this stock will continue to down trend, the MA50 will fall for 5 more open market days at least before evening out...
Depending on how the PPS price for those 5 open market days plays out will determine if it continues to fall or if it begins to stabilize and turn around... Meanwhile the MA200 is still rising slowly...
When the MA50 either bounces off of the MA200, or rather dips below then comes back above the MA200, the price will head up... Until then we will continue to sit below the MA20 for a bit and test the bottom Bollinger Band... IE dip...
Once the MACD signals for a reveral, then I expect the trend to turn around... Will probably happen about the same time the MA50 starts to turn around and go up... THAT IS WHEN I'LL BE BUYING!!!
So whether you agree with my prediction or not.... That is when I'll be buying!!!
We'll see what transpires in the next 2 weeks... Maybe you're right and I'm wrong... Only time will tell!!!