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heavybag

04/22/20 12:12 PM

#11488 RE: warfaretrader #11487

I agree about the PR thing. That doesn't seem to be a needed catalyst here. Thanks for the bull case argument.
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haber

04/22/20 12:22 PM

#11489 RE: warfaretrader #11487

IMO the move last Tuesday was also just a technical move ... hitting all-time lows and increased volume brought enough dip-buyers and attention to create a little momentum, which promptly stalled here at previous resistance levels.

It's good to see it holding above 002 here, but I don't think we see 003+ without a material event from the company. 50dma (0025) is possible but we'll need at least 4-5x today's vol to have any hope of holding it.