zoomy - I was simply referring to today's "bounce"...will it be short lived, a head fake, a bull trap?
I make no predictions about the long term future
"
DEFINITION of 'Dead Cat Bounce'
A temporary recovery from a prolonged decline or bear market, followed by the continuation of the downtrend. A dead cat bounce is a small, short-lived recovery in the price of a declining security, such as a stock. Frequently, downtrends are interrupted by brief periods of recovery - or small rallies - where prices temporarily rise. This can be a result of traders or investors closing out short positions or buying on the assumption that the security has reached a bottom. A dead cat bounce is a price pattern that is usually identified in hindsight. Analysts may attempt to predict that the recovery will be only temporary by using certain technical and fundamental analysis tools."
Read more: Dead Cat Bounce Definition | Investopedia http://www.investopedia.com/terms/d/deadcatbounce.asp#ixzz3uRhppNE5
@ 11/12/2015 Chart.patterns/.projections/opinions?, page-191
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Mkt cap ! $14.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 520 | 3.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 663 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 520 | 0.031 |
1 | 100000 | 0.030 |
1 | 96000 | 0.028 |
1 | 180000 | 0.027 |
1 | 148560 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 663 | 1 |
0.039 | 32258 | 1 |
0.042 | 23833 | 1 |
0.044 | 34501 | 1 |
0.045 | 1500000 | 1 |
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