my 2c - as this thread is meant to pick the bottom (lol).
*disclaimer: my opinion is only valid if management don't boost the SP with another great release. the below is only an option under normal market ebb and flows
support will be seen as previous ATH of $7.88 and you can also see a natural resistance level of $7, meaning support can be found here too. so assuming no releases, the SP could consolidate between these levels as some decide to profit take etc.
re-enter when Stoch values are sub 30 (sub 20 even better) and RSI is back down to 50ish. every signal points to overbought right now so i will not be surprised to see a slow march down to $8ish, and then lets see what happens later when more info comes out. for me, right now given the various indicators, accumulation will be in the week of 7th September. but ill keep checking to make sure.
All IMO
GLTAH
Z1P - What will be the bottom before the bounce., page-52
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32 | 241368 | 2.850 |
Price($) | Vol. | No. |
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