For me, its a strange puzzle game,looking at the MRKR chart. I used to own TPIV 3-6 years ago. and I was 'lucky' enough to sell it at break even, a few years ago and get out before it went way down to its bottom.
Now, a few months ago I stumbled onto this one I never heard of MRKR...and lo and behold, its like I never left the circus show. Yes, Marker science looks pretty good. but look what the share price is doing.
We're bottom fishing now, at the 4 dollar area. but this Bottom zone box runs from 4.00 to 3.00, based on the past patterns.
The chart would have looked alot better if this 4.00 support had held strong, for a double bottom. and now, this little drop to 3.76 it made, alters the pattern just enough to make me a little nervous what it could do now, if this support zone fails to hold strong. I'll be buying some more at 3.50 or 3.30 or 3 dollars. Maybe thats where its heading, I dont know. and then if/when it does rally again, where will it hit major resistance.... I have to be ready to consider the technical target around 5 dollars to trim alot of excess shares now. Its always a chore to manage these volatile investments.
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