ADN CHART, page-1980

1. More self serving TA from MY. Remember posting the other week how "cherry picking" his/her TA is. MY got it very wrong that time. I disagreed 100% with that TA assessment and this one too. It has not lost support and has filled a temp gap. Support and resistance is often, in fact mostly at specific price points. There is a zone but there are levels which are tied to "a price" - which is why you see strong momentum when these prices are pushed around. For this assessment to be correct IMO you would have to assume a head and shoulder breakdown - which would put a very low MC on the company not commensurate with the SS. So, it that is unlikely, then the gap fill support is more likely. IMO there would have to be some bad news to catalyse that - cant see what that could catalyse that.
   

I am still perplexed as to the level of posting being done by people who have no stock and seek to try and substantiate their negative sentiment through very questionable TA - looks like a repeat of the last missed prophecy.