The SP shot through the $1.54 (pre-split) support level. $1.54 times five (1-5 RS) = $7.70... So $7.50 was going to be my next buy-in.
SHOT RIGHT THROUGH IT so it didn't happen.
Yesterday's warrant announcement now put me at a new level of support which would be $5.75 because that's what the chart depicts. Just a common traders mentality among'st us technical analysis technicians.
But there is a catch .. is this a sour news before a good news shake?
And will CRMD pop before SESN? All good stuff.
Oh, and one foot note (pun intended) CRMD is being fast tracked.
What happened today?!? My dog had a relapse with his congestive heart failure so out of the loop but it looks ugly. Or time to load the boat. Thoughts?!?