yes, it was anticipated,this target step, like all those in this zone (5.40-5.00) I bought some today here . and the shape of the picture looks like it could become (if it does) a reverse head and shoulder set up, IF this 5.10/5.00 becomes a Bottom, the shoulder zone for support would be the 5.40-5.25 area and the rally math target zone to create this pattern would need to run from here to the 5.60-5.70 target zone, and then pullback to that 5.30 shoulder to Hold and continue a recovery rally. So the picture is set up for it , IF the selling has finished. The true rally test will be in the 6.00-6.60 area when that time comes.
But first this bottoming development, if it would finish now,or soon.
MRKR rolls over to hit the next target step will it find Bottom somewhere around here? How can long investors and traders Not buy here around 5 dollars? this is the 4th or 5th time. dont they say ... 4th time is a charm ? something like that?
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