RE:RE:RE:experts out there...TheGoldenBear wrote: I would like to add that I believe a move up in SP will be muted somewhat for now because of this stocks history. There are a lot of holders here who have lost a ton of money on this, and probably have BAA as a major regret. So when they get the chance to recover some of their losses they will be happy to sell and be done with it. Add to this that new buyers are already in the green, and many of them will take their profits now. So we have A LOT more sellers to chew through before the SP can move up with a new generation of investors.
Currently, there is a resistance and a further 0.30 to 0.33. The 0.30 seems difficult to pass. For cons, the support seems to be good at 0.25. In technical analysis, gaps still close, so I stay alert with the gap between 0.20 and 0.25. If it does not close is that we are very bullish.
Today, I want a closure around 0.32. This would take us away from the gap at 0.20-0.25.