Post by
JohnWalker on Mar 23, 2023 4:24pm
I Am Not A Technical Analyst But ...
I do know a tiny bit about it. There seems to be heavy support / resistance between $4.20-$4.25 and the lows of late December 2022 (intra-day low of $.14 and close of $4.17).
If we can break through that barrier (and personally I think we can within the next week or so) it is clear sailing right to the 52 week low of $3.45.
Full disclosure, I am holding a short position here from the $4.50's.
Comment by
amugsgame on Mar 23, 2023 5:34pm
The splits can baffle me at times ....doing the opposite of what the technicals would indicate or, these days, defying gravity when the NAV is in the toilet. Hope you're right though , I have large short postitions in DGS and FFN