2023 CHART THREAD, page-162

Charting isn't based on profit projections. It's based on what the chart currently shows you. As mystical as it may seem, it's a reputed form of analysis even used by wall street such as by Paul Tudor Jones. There are various aspects to technical analysis but they are all based on the chart itself. Cheeky-Charm is entitled to post their thoughts, especially on a charting thread. It is even more respectful that they said they were selling, instead of posting analysis and then bailing. If there are announcements coming, that's great, but charting isn't based on speculative announcements. It's disrespectful to come into a charting thread and attempt to squash any analysis with set ideas from fundamental analysis. Then again, waiting for an announcement isn't really analysis.

That being said, I disagree that a downtrend is imminent. I still maintain that there is a support line at 2.9c and that the share price may bounce off it and begin an uptrend.