Chart update, page-6456

Hi Folks,
Apologies the other week on the post regarding the tech stock boom... it could have been taken as rude.
Was just trying to point out, a stock can go to High levels no matter what reason people give for it to fall.
Also, a stock can fall to super low levels no matter what reason people give for it to rise.
A stock in late year 2000 fell to around 0.81 while the cash in the bank was worth $1.10 per share.

Some very basic charts below to check out... Please read the fine print and consult an expert.

Some people calling for upside... some calling for downside. One could argue there's a very slim chance of months of sideways trading. Check zone S above.


Bulls need this to close over 7.25 ... one could argue the chart seems to be hinting at a volume and price blast to the upside.

Stocks can often reverse direction hard after Day 8... note action after day 8 in chart above.
Note close over $7...  also note price is above the mysterious 13 EMA

Plenty of people were expecting a bounce out of the 50SMA zone... note yellow arrow above.

Have noted the shape above can often lead to zone A being smashed.

Again... Bulls have to close this over 7.25
Anyway, just some very basic stuff to think about... please consult an expert.
One thing to keep in mind... stocks can climb very high on very low volume... anyone who wants to argue this... go straight ahead... this poster does not have the time to argue this point.
Cheers.