Im glad they chose to do something.. anything. Still at the pointy end of a descending triangle chart that was pointing to sub 2c but hopefully today indicated yesterday was a false breakout on low volume and today will hold 3.2 then start to break out in opposite direction. From a chart point of view it fully looked like a confirmation of downward breakout of triangle, but low volume and potential FA detail on product in market indicate maybe we are ok. I dont know why but i just get the feeling that with all the product getting out there we have found a base at 3 2c. Surely you cant distribute and sell magnamask across USA without some significant income never mind the rest.
The only thing that could truly devistate the sp now will be next 4c.
Hold on to your hats cos i get the feeling dow is about to do another 1000 point pants drop so will be interesting to see if obj holds up.
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