InvestorsHub Logo

jyyoo

06/04/18 12:00 PM

#140414 RE: ks1977 #140413

Traderfan? Redbull? Any other technical guys out there? I would be surprised if you guys aren't buying right now even as bearish as you were just a few days ago. If we can start closing above this 50-day, then the 50-day will actually start acting as support and not a ceiling for the first time in I don't know how long for this stock. I think we definitely have an institution (or at least a couple big buyers) patiently picking up shares. Not to mention the fact that the dumping of the .55 shares could be over now (and hopefully Solomon is actually done as well but who knows). Or perhaps it's just handla absorbing all these shares...(just kidding)

Keep in mind this stock has been a technical nightmare for over 2 years until now!