ARYC - As expected the rally came to exhaustion. The Technicals will have to readjust. Two things happened at close. A dip under the powerzone and a final price under the upper BB...Both show nice easing...As with the end of most runs we probably would see more red - maybe to fill that small gap before the bulls rush back in. In any case 10 cents is a natural human barrier and it showed why again today...Just like a penny was and if half the BS spoke here is true so will a Dollar...
BTW the ask slapped out paced the bid whacks buy a small margin. The churn here should be short lived and healthy and there will be another cycle up
ARYC - A selloff to the 50 DMA may still occur. All confidence has been stripped from the hype and those side fringe people may begin selling at a loss. New believers have to hold this over the 50 DMA or the so called long termers need to stop selling for profit at the bid. In any case the stock has slipped into oversold territory. The CEO can stop this by filing...
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