I think what
@verce is saying is that:
(a) you can't learn from the past and
(b) you especially can't learn from the past when it is represented graphically and
(c) you can't learn from the past (or whoops, did I already mention that 'cus I forgot (a))
(d) and to be thorough I better generalise and not believe in other charts either like weather charting which is cool 'cus it's looking sunny no need for an umbrella
(e) people with jobs like statisticians and quants are fakers...
--
downtrend channel started feb '17 still going (the trigger of the downtrend was traders selling into a successful launch)
funding still a problem
real ANNs dried up
GOMX sp (SAS nano sat manufacturer) looks like crap too...
RSI oversold below 30 - happened 4 times since feb '17 - not a reliable indicator for a reversal
OBV still descending showing more sellers on balance than buyers
ADX showing downtrend still strong
this may turn but unfortunately nothing here to suggest it at the moment
in some ways stock is back to march 2016 status trying to get funding to launch sat constellation
this is so grim no-one's even bothering to prop it with talk of manipulation or accumulation...
who would have thunkit a return to sp .016 - .02
consolidation / a Gom X deal - who knows what's next...
Meidad Pariente seems like a nice guy, wears a cool space tie,
in the absence of an ANN the technicals are telling a tough tale
bleph, peace out..