News Focus
News Focus
Replies to #8 on Insider Financial
icon url

123tom

10/29/20 4:16 PM

#35 RE: InsiderFinancial #8

yes, good report back then

3 weeks ago, it was timely,and I found it useful. Now, since then, its been a matter of watching the price action closely. and including today, bouncing upward,holding the pullbacks at key support, last week and a half, at 5.00 step, then the other day at 5.40 step, and today,at 5.50 , turning upward again, looking bullish in the run up climb to next friday,Nov.6th. But what will we see happen on friday,Nov.6th, or Monday, the 9th ?
It probably wont affect the buy and holders who will just hold through whatever happens. But it might be a moment for traders to decide whether to trim shares at the top wherever this goes in the next 6 days.
The chart picture I'm looking at from the 1.25 Bottom, and the 2.25 bottoms, to this 6.00 area, and all points in between, is looking at targets 7.00-7.50-7.75-8.00-8.30area,and then some targets higher around 10-11.
This current target zone around 6.00-6.50 as nice as this rally looks, is not the finished target in the math pattern. so it might be premature even for traders to start selling some here around 6 dollars. I have my eye on the 8 dollar area for trimming some shares.