bzzzzz. It also say the RSI is flatlining; the 200 ma is still flatlined; and sorry, but there have been only 2 higher lows in the past week and there have been 2 retracements in the last month. We have also had 2 black candles in the last 2 days.
On the plus side, the 50 ma is turning up and accumulation looks excellent going back into 2009.
Whether we agree or not means nothing at this point. Whether the merger gets done today or not the charts will be thrown out the window because this will either compund upward, or hit the bottom in a hurry.
GLTA, still waiting Linda?
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