GREY:XEBEQ - Post by User
Comment by
catchascatchcanon Sep 29, 2021 3:36pm
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Post# 33938260
RE:Catchascatchcan wrote
RE:Catchascatchcan wrote There are many blips on the road, but I mean a bottom-is-in level technical reversal. One wonderful day does not make a wonderful stock - the any-given-Sunday rule always applies. The harder strocks fall, the more they bounce, but more ofen than not it's just a bright spot on a very dark picture. 10% on $3 is a lot less than 10% on $10. We went from $3.75 - $5.22 in a two week period in May, and everyone high-fived, then $4.04 - $4.54 in a couple of days in July and again celebrations, $2.85 - $3.46 in late Aug and champaign, and each time followed by lower lows. Calling the bottom is a tricky business and many are keen to say they did so after calling for it for ages. Will it come, sure, but is today it, I very highly doubt it.