$100 share price, page-266

Trying to pick the bottom Andy?? Wash your mouth out with soap!


What an awesome stock this has been for so long now.

So below is a basic weekly since 2020 displaying both the growth and the swings. I've boxed a high churn zone with 40% swings and currently the SP sits in the middle of that. Around the bottom of that zone acts as a support level but seriously when a stock like this (or any stock for that matter) starts selling off then just stand aside and let it fall until the signals print a reversal. Don't even bother trying to pick the bottom, never works. It will reverse when it reverses, take the emotion right out of it. IMO.



Just for the record, I think you might find that Friday was a rebalancing day therefore the huge volume. They have 4 of them each year.

Ok now to the daily and here is where it gets interesting. For those familiar with BB's you will see that it's signally a reversal shortly of the strong fall so I'd be predicting at least some sideways PA in the short term. Check out how oversold RSI is (12!!) Way below the 25 oversold level.@GmundStables ,@Fid , have you seen this? A 12 RSI??



This gets my money again for a swing on the next trigger.

So Andy I don't think I've been able to help you at all but I'd be paying attention for an entry, that's for sure. But it's got to be on confirmation, could easily go sideways and then keep falling. That I don't know sorry.

All just my opinions and worth very little.

Cheers