Charts, especially in the sub penny market, are very much like the weatherman.
They never lie, but they are quite often not correct.
Been hearing about 20s here for a long time, but it’s not up to the chart.
Charts have no emotion. Investors do.
One piece of good news, and suddenly the charts change their outlook, much like the weatherman.
Charts are based on the past.
This one has been holding up very well despite what the charts have been saying.
The stock price always gets the final word. It is the only thing that really matters. And this one has been holding up quite well.
Looks like a great chance of sunny skies here ahead for us. The charts will catch up eventually.
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