Originally posted by happyclown
That is a rhetorical Question.
No one can answer it.
The only Thing you can do is: Stay with your opinion and wait.
Based on my Chart Analysis i was waiting for a set back to 8 Cent for several weeks now. Yesterday was a proof that i am right but todays Explosion back to almost 10 Cents is very odd indeed. I am very curious now what will happen the next days. Generally the Chart unfortunately is not Looking very positive.
In 1 week the numbers will be made public. Everybody is expecting great numbers.
I made the experience that whenever this occurs that the Chart will go down afterwards.
I hope for the best but i am prepared in case it should go down to 8 Cent and even lower. If the 8 Cent will break the next wall is at 7 to 7.3 Cents.
I like to chart too but in this case I do not think you're correct. The reason is that fundamentally this company is very good. The 4c will be positive get again imo.
The drop and recover is simply profit taking followed by a very strong support for this company with buyers happy to buy at a discounted price in anticipation for a good 4c at the end of the month. I almost bought more myself on the dip.
Onwards and upwards for this gem.
