There's been a few bits of positive news and the stock has still gone down.
This is how I see it, because it could go either way at the moment:
Bad earnings - Down to ~$18, rise back up to lower-mid $20's before back to ~$13
Good earnings - Slow rise to ~$35ish before slow decline back to ~$13
And yes, my selloff guess didn't come when I expected it this morning, as it consolidated for a lot longer than expected - it bounced back up a little but still stayed within my chart lines with the sell off at the end of the day anyway. Charting is not a crystal ball, but it helps make some educated guesses when price hits certain lines. I'm not going to be right 100% of the time but if I'm right enough times to be able to earn an income from this, then it's working for me
By the way, everyone knows this stock is going to be over $100 in the long term. If I was a buy and hold investor, I wouldn't bother wasting my time on these boards everyday following the day to day action because it's all just a bunch of people arguing anyway.
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