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midas716

11/27/18 10:28 AM

#15584 RE: la_trader #15583

So .795 to .21 is not a correction? By channel you mean the one below that continually sees lower highs and lower lows? So if we're trading in the channel we can expect .25 soon? Sorry bro I just see no optimism here right now from what I'm looking at. Peeps are flipping it down to P/U the dilution lower. Flippers paradise right now. Until those 50K to 60K blocks at or below bid stop this goes lower. You know it, I know it and so does everyone else here that can read a chart. So... either we break out of the channel or .25 will surely come as no one is really buying the ask. Some are selling what they can there because there is no shortage of shares on the bid. That is the reality we're in right now. Just keeping it real.

The only positive I see is a very large cup with handle. We need to break .32 soon. Down .10 in 12 days from .40. That's 25% and a correction.

We got none of that here, you cannot "correct" an undervalued stock like FRLF - it will trade in this channel until it pushes upward.