Post by
1condor on Sep 20, 2023 10:55am
Support Broken
Sure looked promising for a few days as the stock bounced very nicely off the resistance level around 1.45. However it was not to be. Now that the support level has failed and on its way to the next support level (although weak) around 1.05. Good luck traders. Not a holder.
Comment by
1condor on Sep 20, 2023 10:56am
That should read "support" level around 1.45.
Comment by
1condor on Sep 21, 2023 10:24am
Stock bounced nicely this morning off the weak support level around 1.05 this morning..but can it hold? A rise back above 1.45 would be a good sign. From my prospective I must say this stock is a technical analyst dream...short term traders who are up on their technical analysis are no doubt making a killing on it. Good luck traders. Not a holder.
Comment by
1condor on Sep 21, 2023 8:12pm
Stock held the weak support level (1.05) today at 1.04. Thats a good thing. Now it gets really interesting for the flippers. Do you place the bet for this support level to hold and the stock runs back to around 1.45 or does support break and it slides down to 75 cents. Going to be interesting watching this play out. Not a holder.