There are several SIGNS that gave punters time to sell.
First one was at 75 cents when it backtested and rejected STRONGLY the original breakdown
Second time was when it backtested 53 cents after breaking down the second main trend
Finally it was 50 cents off news when it hit resistance
The last point of impact was when it dropped 16.5 cents which is main support and BACKTESTED.
They key/signs to sell is when a KEY support level is broken and it gets backtested and REJECTS.
Instances here are 75 cents, 53 cents, and 16.5 cents.
Now we are at 4.2 cents.
Chart provided for learning, happy to provide charts for other stocks if people want to know. Cheers
Recently Ive called LTR when it broke and backtested $2.04, I said target would be $1.23 which it hit and supported recently.
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