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skepticone

10/30/18 5:23 PM

#5676 RE: skepticone #5675

According to RSI-14 we still have not reached oversold, so I would not be surprised if we dropped a bit lower. The reason we didn't reach oversold may possibly be due to the recovery from today's lows. I have had a buy order in for 1.80 for some time, was surprised to see the quick drop, but it kicked in. Maybe pick up some more if it drops to the 1.60-1.70 level.

x1power

10/30/18 5:27 PM

#5677 RE: skepticone #5675

Hope you got the best intraday price.
You appear to buy regardless of hidden news or possible internal actions
that may have caused this price drop. Seems other also bot the drop. TA evidence is refutable without confirmation . . . for whatever rationale . . . stock price chart displays a tale . . . though we retail holders do not have any confirmation of what causes it.


I for one, like to know the substance of what is a TA move before I buy more . . . thus I can have some confidence as to predicting beforehand next TA direction. Did we have trials failure, someone left the company, lost of partner or funding changes like a placement offering coming.


Just buying alone on past TA S/R levels can be a trap as time flows forward not backward. Also, I gauge if fundamentals seem to still give
positive support . . . e.g. is the new stock price below known company assets total?


Right now we face Elections and Tariffs and EOY Tax reallocations.
Also general market direction is concerning, are we going to chock off investment due to I rate hikes set for next year?


I would say you are smart and investor with LT outlook for this company. Probability tells us action can favorably continue a directional chart movement . . . it does not necessarily support chaos? I chose to wait for confirmation.