PHAR ... is that short for PHARCE?? It certainly is the way Howard has been treating PHAR shareholders. Technical Indicators are garbage in, garbage out. For PHAR ... we do not know the share structure. Howard made some promises but for all we know he is Dumping all those shares whenever he can. jmo
Technical indicators are incorrect all the time, especially with garbage stocks like PHAR. Plus who cares since no one is willing to buy in at these low levels to take advantage of this PHAR fetched technical indicator. IMO PHAR is history and is headed towards either no bid or bankruptcy or both.
Thanks for letting me clarify what I meant earlier.