Ann: September Quarter 2019 Quarterly Activities Conference Call, page-156

Great, post your prediction and reasoning and we’ll see how it unfolds!

No-one with any TA skills that I know of forecasts a continuation of a downtrend just because there is currently a downtrend.
The problem with that “logic” is that you are guaranteed to be wrong at some point.... and when that point is, you can never know, and this “logic” presents zero statistical basis. How likely are you to be wrong now? You can’t know if you are right or wrong, but can only base it on long term statistics and be prepared to be wrong a bit less than right over the long term (hopefully!). History of this stock tells us we are overdue for a reversal. See the last 2 big ones...? Are the odds against you? Overdue reversal?

All you’ve really said above is that we have been getting smashed for ages and if it continues, we’ll get even more smashed.
Wow.
Charts are all about patterns and statistics, and imo, about self-fulfilling prophecies to create some level of predictability for/by traders that would otherwise be a random guessing game. ..and that would all be a bit chaotic for milking pips so it needs some type of structure... for example there is zero fundamental or logical basis that a gap from weeks/months ago “needs to be filled” but statistics can support that they “should”. That is fundamentally ridiculous...but part of the invented “rules” that exist...

From what I can tell, trying to use charts or price history to predict the probability of a particular future movement will need to consider several supporting TA factors to be anything other than a pure guess.

Anyway... the lower it goes, the more I’ll own, so no biggie in the short term. Just can’t see any logic behind further falls... and happy to admit that all logic has gone out the window long ago! So even me guessing it might go lower is just guessing that the market maker will push it there...

Good luck traders, tough gig, that is for sure.