I agree re using precise numbers for supports/resistance etc, I treat them as zones.
The one thing that overrides everything for me though is the price action, there is zero indication so far of this being accumulated, it's still very much net selling. There are a number of stocks around that formed lows back in February(a few even earlier) and have formed higher lows even as the panic selling hit the market in April, that is the kinda action you wanna see, not a stock continuing to make lower lows as CU6 is doing. Hopefully just time is needed and CU6 can form up a bottoming base over the next 12 months or so but right now it looks shockingly weak, no reason to own it right now imo, definitely no reason to buy it
CU6 Price at posting:
$1.62 Sentiment: None Disclosure: Not Held
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