And I was just starting to respect your opinion a little more.
No because I prefer to use HA charts which use running averages as chart points and show trends much more clearly. I think side by side mate. My calls hold their own.
Here is the hourly and its the only way to see any support. This is why I said it would have been better had that retrace happened at 5 like it was meant to.
Saying that at 5 its so much stronger now massive support but you can pretty clearly see the small amount of support that came in at the 8.9 level. You need that to hold. And with the volume above it might.
I would not buy in above that myself. But ill be watching damn close when it get there thats for sure.
Biggest problem is, no matter the different nonsense posts up and down that people have made here. There is not a lot of support on the daily below. And I dont think Gassmans call of 7.5 holds any water if it falls through 8.9. I think it could fall a LOT lower, back to that lower support @ 5. If it does I will be here for the first time with bells on.
But dont stress about it if your long term. Turn off your pc and take a break for a month or two. Because all this does is shake out weak hands or profit takers that have no long term vision for a company. Allows stronger people who believe in a coy to accumulate more lower and when it moves again there are more shares in stronger hands making the runs much much bigger. Thats why XPE is going to have a massive run now IMO. But if you look back november december it did the EXACT same thing that IOT has done. And if IOT can follow the same path, it could have the same direction like XPE is and make previous retraces look like something silly to complain about.
Its all just an opinion. But everyone should soak up all the info they can, do their own research, and trade their own trade. Down rampers are not dropping the price. People buying nice things with the money they made are. And if the story is as good as the people here say it is. None of it will matter when they do actually start selling products and have revenue.
