I'm Not a SoothSayer,So I Don't Do Predictions I'm Into Chart Analysis And Chart Analysis Is Just That & Nothing More....The Chart Shows Support Points & Resistance Points Which Gives Savvy Traders a Edge On The Market,And There Are Other Factors As Well .....
KATX Could Very Well Bounce From Where It Is Now,Would That Negate The Significance Of The Support Levels? I Believe The Answer Is No!,Because We Are Sitting On Support Now @ .027~
"Sometimes"" News Trump Chart Analysis For the Good Or The Bad,However The Market Can Sometimes Factor In The Good Or The Bad & Not Effect The SP At All......
Charts Are Analyzed During Market All The Time....Its Called Intra-Day Chart Analysis & Yes It To Give Savvy Traders a Edge During An Up Market & a Down Market Real Time.....
I Realize That These Support Range Levels .0145-.015 May Upset Some Longs Here,Trust Me I Get That,But Players Have To Remember That You Have Eyes Here Looking For The Best Entry Point That The Can Get & Posting a Chart With Analysis Gives Perspective On Any Given Security......
When I Give My Chart Analysis I Keep It Real No Matter How Good Or Ugly It May Be.....