RE:RE:RE:RE:RE:Someone with charts going back decades Earning is very different from a company-making acquisition: the market can build in positive earnings, but we still don't know exactly what we're dealing with, it's very likely this will correct in a positive way this week on news.
You're comparing apples to oranges, probably with the intention of picking off some cheapies in the AM if news isn't before market opening.
VanadiumBull wrote: Not necessarily . Many times good news is released at tops . Price still decreases . You'll see this often when companies release good earnings .
stocknews101 wrote: VanadiumBull wrote: The negative divergences suggest weakness as the stock made a higher high . The potential deep correction could be interpreted as highly probable based on a completed parabolic move . A completed cycle simply suggests a cycle correction is highly likely to follow . Depending on the price points that formed one complete cycle(depth) , the probable cycle correction depth can be suggested . In this case a deep one .
celtius wrote: Severe sharp correction on the way
This is all with no material update, a material update would change the dynamics and throw your thoughts out the window. A material update is coming and the share price spike is because of what's to come, not what has happened