TA 30% fibs and the white candle are showing this will fall to .004 in the short term.
I cannot see any reason from the announcements why the stock should be trading any higher than it is now, and from a chartist TA point of view, it is easy to see a gap down to .004.
As has happened time and time again, the stock gets bids placed in the buy depth and as soon as are sold into they disappear causing further falls.
I think from a chartist perspective, the gaps, white candle and fibs all point to a fall to .004
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- what a joke.
TA 30% fibs and the white candle are showing this will fall to...
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