TREP - No one can predict the future but there is nothing broken about this play just yet. From a TA standpoint it had to cool down. It was inevitable, heck it was a 40 bagger for some. The MACD is still too hot but readjusting. Now it is up to the company to show some fundamental reason for folks to stay. Maybe a little truth on the board of why this was in the chitter in the first place might help...it's counterintuitive for ihubbians but WTF did the company do to be trading in the double zeroes and can management be trusted not to F'up again? As for the folks who sell out and come back to haunt others, that is also part of iHubbian way of life, by now less attention should be paid to those people with the realization that they may have character issues off the board as well...
As for the chart - the 50 DMA is still on the rise and it is still comparative low. Not saying the price will go back there but as long as that is on the rise there is a path forward. Company stimulus would help keep the trend up for the next cycle up..
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