RE:RE:RE:RE:Next Stop $1.80This is where your complete inexperience and fake knowledge of chart/technical analysis shows its obvious 'prune' face. Two days of trading does not provide any basis to make a claim that some "new" resistance/floor price is evident. Plain hogwash, and makes us want o keep you on read, just so that we can have a daily laugh. My lord, old man, have a decent lonely weekend. DD
PruneFace wrote:
'They' are the guys who have more to lose than you and I. People like management who are doubtless taking heavy flack over the lack of news and drifting SAP, fund managers who bought positions at higher prices , analysts who have called for lofty targets, financial advisors who recommended the company to clients at $3, anybody who bought at higher levels and is averaging down. 'They' don't want to see technical support levels breached repeatedly and would do what they can to prevent such an occurrence. Trading the last two days suggests to me that $2.20 is becoming a resistance level rather than a support level. There is the psychological $2 barrier, the $1.90 financing level and then the $1.80 technical support level. AIMO.