Happy Monday!
RC1 unfortunately still behaving like a stock with 12 Billion shares on issue! Ghastly to say the least.
A Top 20 shareholder is the only one responsible to constantly drip sell the shares.
Since the chart is constantly in a current downtrend, and price action has a seller with someone wanting to still accumulate at lower prices there's a chance they still drive it down to the gap fill level of 0.008 or so, a outlined in my charts in previous posts.
Personally didn't think they would drive it, as it's at a point where the decline should have put a bounce but since there's no counter trend move into resistance just yet I suspect further games taking place. Until then my sentiments on the stock has changed. Cannot call it a BUY in current trend, and since the seller is selling, sentiment must obviously be a SELL. May not be in everyone's plan to cut losses as some will still see buying opportunities however, to each their own
GLTAHz !
another month or 2 of pain still ahead it seems
as MORE bids are getting hit... what in the world? Seriously
(20min delay)