TA discussion, page-6224

"I have trusted company statements too much"

External forces are detrimental to TA
(Never read news & trust nobody but the price action on the chart)

The most difficult discipline to grasp in TA is to take some kind of a loss when SP turns sour.
(To fight another day)

LT downtrend sux.
Perhaps SP finds tech support on 27 cents next month? But who knows.
For upside, SP developed tech resistance on 29.5 but best to break 30.0 and rally past the low 40's if current trend is to reverse. (Opinion though)

Wish tech circumstances improve soon if positive news is due.
(Don't read them though lol)

Regards