closing might be around 2400 ?
that would be a 215c long red bearish candle following the red hangman on friday
i correctly called a lower red candle for today
but i never thought it would drop so much so fast to so low to 23.72 low
youd think -140c from prior close being -200c from prior daily high would be a safe buy but nope went down another -130c to 23.70 area
that daily low was a whopping -330c from the prior daily high
STUNNING !
this stock is illogical and volatile, the shorts are angry and vicious here.
best to avoid for a while,
2 horrid red candle in a row
this portends normally another red candle tmrw so they might open it higher and then snap the neck yet again to daily lows forcing selloffs again, but toss a coin mate.
that rounding top pattern completion at 20-21 is ominous
could it really go down there again? Surely not.
but with -330c move today i guess anything is illogically possible.
trying to catch a daily low is a fools game imho
trying to predict its next up move a folly
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