It has broken below that support I mentioned @ 13ish...
Now in the 10.5 to 13ish channel i have marked though this is not really any sort of strong support as that is well down where it came from @ 5...
Though only ever use the chart I always mention I am NOT a believer in using it to predict future moves precisely as most chart guys do as it seems is the general idea as per the textbook... just an indispensable guide only...
So here it was likely a sell as it broke down but I am happy to hold due to what the market has become with the influx of printed money and all the Robin Hood type traders who are only wild gamblers IMO...
I have held MANY MANY shares I NEVER would have before (I began trading in 1999) and scored hundreds of bags as they went crazy from what looked like completely hopeless positions... you can check thru my history to confirm that and it's not to brag it's to confirm how crazy the market has become...
Expecting some news will drop to send this up again at some point though it is not one I would build a biggish position in though the last cash flow report (the only other thing I look at) was quite ok IMO...
And finally I NEVER denote any sentiment towards a stock so it's never a 'sell' if I don't hold it that becomes a 'buy' if i do so hopefully that will show my thoughts here that I am very detached with this and all the other smallcRaps that have been so good to trade since the GFC...
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It has broken below that support I mentioned @ 13ish...Now in...
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