Yes, the red line on the recent chart represents the pps resistance that must be broken. Ooo, it was slightly broken that day. Were PRs constantly issued by the company to push passed that resistance? Hmm, doesn't appear so. But in a heavy diluted pinky it's been my experience that PRs are issued almost daily aiding the pps upward. No, instead, news comes weekly with progress, whether well received or not. The pps hasn't tanked as quickly as predicted either.
For now, that red line signals short sellers to continue. The short seller "bat" signal. Easy button indeed. I will say a prayer that the agreement announcement isn't made because I don't like slaughters.
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