RE: RE: Sellers RemorseDon't be so sure animal1, teens are still possible with this kind of management group. A run up going into a weekend is more likely driven by retail and hope of some results soon.
The 15min chart shows a possible H & S reversal with a good hammer pattern on thursday but a rebound to resistance @
.275 from the correction is reasonable to expect. Tradable rally at best in my opinion, then she will roll over and retest
.24 on Monday/Tuesday. Failure @
.24 should take her down to fill RBC and ANON sweep orders from
.20 to
.23.
No news early next week will be the catalyst for this scenario and if
.20 isn't touched then teens may be out but anything is possible with these clowns.
TKO