GREY:SAYFF - Post by User
Post by
1234ZIONon Apr 11, 2019 4:06pm
46 Views
Post# 29615129
The company vs the Chart
The company vs the ChartThe company is a great compnay and keeps releasing positive news and has since day one but the chart tells a different and scarier story. Closing today at .44 with earnings only a couple weeks away , is supremely worrying. Especially since all that volume we had the for a few days has dried up and the price still slipes to an undeserving area. I am in at .46 and no plans to sell until just before or after earnings. With that said, from expereince with other stocks, this is starting to resembele allot of unwanted memories from other ¨good companies¨that I went long on and lost bigtime.
Hopefully this cycle stops but the chart says its not going to. If it breaks. 38 then we are in for a major bad storm. Sure would be nice to see it crawl over .50 but the wall of sellers vs buyers there is not encouraging.
Cheers