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prokopton

04/03/13 8:14 AM

#39472 RE: Baystbully #39470

You beat me to it. LOL.

So what I've been able to gather so far since $.18 is that:

Support 1 for DROP is at A. It may or may not hold here.

Support level 2 is B. If may or may not hold here either.

The next support level is C, if the previous support level doesn't hold.

If we cross the X MACD, we'll go down if there's selling pressure but will go up with good news, or may go down with bad news.

Then include some charts and if I were a newbie I would think that there were profound implications behind those array of colorful dots and lines.

When a theory is in popular use, it breaks down and becomes less effective.

Essentially all those esoteric theories are saying, "At any given time, the stock may go up or down."

$DROP