RE:GRA's Technical IndicatorsI expect your "chart patterns" and your "technical indicators" simply diddn't take into account the swoon down to 4.88 graphene007?
Pray tell. Did your "chart patterns" and your "technical indicators" display 'the need' for far too many "exposed" high net worth and 'former professional' 'retail options traders' and/or any and all currently "exposed" and presently unsettled "margin calls" affected 'institutional' equities options traders to keep liquidating anything which is worth anything; and continuing to do so in order to meet the far too many remaining "margin calls" which resulted from such kinds of far too 'leveraged' professional 'gamblers' being left out in the cold, due to 3.3 Trillion USD worth of "single equities options expirations" (OP-EX) which took place the during Friday of last week?
You do know that such 'margin leveraged' and presently offside 'equities options traders' need to get back onside with the very lenders of such presently over extended and 'called' margin?
You do know how you get back 'onside', don't you?
That's correct; you are forced to sell and meet the margin call within three days or the lender of your margin simply liquidates enough of your holdings in order settle the 'called margin'.
Note:The selling of unadvatageous equities exposure will continue until Wednesday before the Bank of Canada governor's decision is announced at 10:00 AM and the U.S Federal Reserves press confrence takes place at 2:30 PM.
Should you be presently holding the highest quality of equities issuers, i.e. the most fiscally sound and fundamentally bottom line 'profitable' kinds of companies, you needed worry as much. Such kinds of companies are always in favor and would become much more in favor and aggressively sought after following the Bank of Canada's and the U.S Federal Reserve's respective interest rate policy announcements Wednesday.
If you think it can't get worse from here; think again graphene007.