Investors must learn to critically analyse announcements, and ignore the regular hype in Azure’s.
This news is subpar, and the share price will react accordingly.
Good luck pumpers, but there’s no saving Azure this time.
My view conveyed over the last few months, was that the 100 DMA (weekly) at less than 30 cents was likely to be hit soon.
I also noted that short positioning in Azure was surging and also a massive red flag.
The uprampers will learn (once again) that I’m always right.
And those who chose to ignore me will learn the hard way today..
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