For the weak & worried: The markets overall tend to have sellers into the weekend. We dont need any PRs from the company for a move in the SP.
The reason for the large drop recently was not simply shorts, (sure they were involved & certainly are trying to cause panic selling by flipping 10k - 20k blocks between themselves to mess with techs) - It appears to be caused to a greater extent by weak hands panic selling, vape crisis, patent denial, mona tax liability, and some other fears that was being spread. See the following short report graph Here - OTCshortreport
This opportunity for the strong-willed, gave them the chance to add this company, as it reached its 200 Weekly MA
The RSI reached its lowest point on the monthly & weekly timeframes, and the daily has only seen the RSI that low 3 times over the life of the company, 2/3 were back in 2014, the highest of the lows taking place just the other day.
Trade based on your own research & intuition. Trust yourself & no one else. Follow your own playbook.
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