RE:RE:This pullback should not have been a surprise to anybodynewcoin wrote: You did a great job picking the support level.
I wish I had fancy programs so I could do it too.
TheBigCheeze wrote: I posted last night: “The chart is starting to look beyond overbought but that hasn't slowed the buying previously so maybe it will continue at the same pace. I'm guessing a pullback is in the cards soon. Heck, there was a 13.4% intraday pullback today between 10:56 and 11:43 so it could happen anytime. Time will tell.”
The odds that a pullback would happen soon were very high. You would have known that if you knew how to read the chart and you understood investor psychology. TAAT rallied hard for several days with little material news that would justify that much of an increase in the Market Cap so a pause in the price run should not have been unexpected by experienced investors..
Now the question is “How deep will the pullback go?” $3.55 looks like a support level so maybe we have seen the low for now.
No need for you to be sarcastic. I just post what I see in the chart plus a few other things. If you don't like to see it then ignore my posts. If you didn't act on it then that is your problem not mine. I sold some shares last night near the close at $3.85 based upon my analysis and I rebought this morning at a much lower price.
You don't need a fancy program to see that support level. TAAT bounced off that price four times this morning. Any chart would show that. I only posted that because posters we talking about a panic. I'm saying don't be worry.
How'd I do on picking the timing for this pullback? Did you predict it? I'm thinking no.