GREY:FGBDF - Post by User
Comment by
Dojitrader15on May 09, 2017 12:41pm
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Post# 26221585
RE:$0.45
RE:$0.45Bounce yes...reverse no. That WILL be the next support level but nothing says it will reverse from there. I agree there will be a short term bounce simply because the stock has been beaten like a rented mule.
That and only that is the reason why it will have a short term bounce as the overall downward trend still has plenty in it before it's played out.