false break, page-16

  1. 8,028 Posts.
    Hi there Wilson, I don't know much, but looking at the chart. Today if she close at $1.60, I was planning to chip up, and if she could consolidate at that level for a while, we may see a break up and hit above $2.25

    That 44% rally on Friday proves to me yet another "false break"

    At the moment, I don't see her closing at $1.60, she has had quite a few "false break" in the past and "if" with no positive news coming, and she is in a down trend pattern...honestly I think tomorrow will be another 10% down.
    I think there are plenty of those $0.85~$0.90 price coming in the next 30days. I think I'd wait.

    I hope I am wrong, and you guys make lots of money.
 
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