GREY:CNTTQ - Post by User
Post by
Ghostinthedarkon Dec 10, 2019 10:13am
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Post# 30439243
Bearish reversal on the Daily
Bearish reversal on the DailyAfter topping out on the 1 hr time at $3.27, TRST is dumping again.
So, we saw higher highs....for three days
And then a top out... You can see this on a candlestick chart.
Now the stock reached a lower high today (assuming it doesn't go above $1.27)
So, we are back to lower highs and lower lows on the Daily time frame.
Current price $1.13
What does this mean?
Trust is now trading in a range---sideways on a chart, not upwards, not downwards.
The high for the new daily range is $1.27
and the low is $.099 cents.
I have always stated that TRST will drop below .99 cents....
I expect the share price of TRST to drop to .75 cents or lower in the coming weeks.
I own no shares of TRST at this time---based on my own due diligence, fundamental analysis, technical analysis.