$3 Party, page-1165

Should be a very interesting day. I’m wondering if we’ll see some big trades at the close. I’m still ready to buy sub-$2 if it happens; otherwise, I’ll just sit back and watch the action.

I am not a chartist unless someone can explain why a pattern matches human groupthunk, otherwise its like seeing pictures in the clouds. However, I do like patterns of behavior.

February 27 Earnings:

First candle showed a rapid rise, then a quick drop, followed by some consolidation after lunch until 2 pm, and a decline before the close.






Yesterday
Interestingly, February 27 and yesterday followed very similar trends: a rapid rise in the first candle, followed by a quick drop, some consolidation around lunch, and then a decline before the close. It's like history repeating itself on the chart.