GREY:ARWJF - Post by User
Post by
Techsavyon Dec 05, 2013 2:25pm
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Post# 21975595
The trend is your friend
The trend is your friendCan anyone tell me what the trend is here? The SP has bounced off the trendline all the way down from over a year ago. Can anyone tell me what the target price is? (based on this primitive chart)
For those that don't care for technicals, just try placing a ruler or piece of paper with a straight edge above the bounce failures and tell me where the price point ends? ARW may eventually bounce significantly but I just cant see it happening until it goes to mere pennies. Not trying to over state this, just an observation
https://www.stockhouse.com/companies/charts/v.arw/aroway-energy-inc