RE:The analysis of this stock is unpredictable.
StockscoutX wrote: No matter the type of analysis is used for now it will be short lived in the forseable future. Why? This stock will be driven by news releases, expected news releases, hype, rumours, QR, word of mouth and etc. Therefore, technical analysis is valuble in normal times but this stock has entered the twilight zone for now. Everthing points to sky is the limit and a possible buyout going forward if the price is right. Take your profits on it's way up and buy back on partial retracements for now while keeping a core position.
This stock is not different than others stock in the stockmarket, there's buyers and sellers, theses traders are human so they will be affected by "news releases, expected news releases, hype, rumours...."
I have to agree to disagree, technical analysis when done proprely and not done by inexperience traders will clearly show the stock behavior in the PAST....so if there's some leaks, anticipation, accumulation, selloff, etc. you will see it in the chart in most of the cases.
Oh and when you say technical analysis is valuable in normal times....that's when I knew you are not a technical analysis trader :-)
I have to agree on something, the sky is the limit after we breach 1.40$ with strong volume. That's why is so fun trading with technical analysis, when there's no more long term real resistance, we are free runner which means there's no TARGET PRICE, the sky is the limit!