Cosmopolitan Update?, page-6

Hi Punter45

Before I start, just wanted to let you know that I am not a chartlist (just using SMAs and basic techniques as a reference to determine the entering point) but when you saying trading pattern, I feel that I need to check the chart.

I checked the last 3 months' price movenemt with volume as per below and I cannot find similarirty between last pump & dump (I personally don't think there was a pump) with current pattern.

If you want me to explain, I think voulme is the key and as you can see below chart capture, there were no significant volume increasement before the drop. In fact, I interpreted that there was accumulation period before drop because we all knew that there will be annoucement soon (assuming that most of us didn't know the result) then drop because the result was dissapointing.

Anyway, if you can share your analysis (e.g. chart & volume analysis or other reference) I believe we can continue the constructive coversation.

Please see below chart & volume capture and feel free to give feedback.

Thanks.