RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Future Trends + Insiders When you are honest and don't need to constantly lie, it makes it very easy to expose serial liars like noTurd the treeplanter. It is so easy for me to expose this moron. Here is my call the last 2 years about WELL since $8. Now why don't the treeplanter show the board where I kept telling people to sell at $2. Lol evn when nextleg said he bought around $3. I even agreed with him it's more favourable buying down here and if people wanted to buy and if they do make sure to average up. It is just not for me right now. Now once again noturd I can still buy today my stop loss recommendation would have got people out at $7+ average. What a sad kid. Once again here are my post let's see how this treeplanter lie his way out of this one.
Like I said the markets just hate dilution news. Once that $7.80 support was broken, it was all down hill. There is just no upside at the moment until WELL announce something big. Have your stop losses in place.
Now we are back to testing the $6.50 support. Does not look like it will hold. Next stop unfortunately will be $6.20. I got some stop loss that will probably hit. It is what it is. The markets are just not interested in Telehealth at the moment. Good luck.
If I were to guess, if Well does not hold and it breaks $6.50, we are back to the low $6. I am a big believer of the saying the markets are always right. The stocks are priced exactly what the markets says it is. Cheers.
$6.50 was a huge support for the past year and it broke through. Unfortunately, the trend is down and it is just the starting. Next huge support is $6. Like I said, you will do better with gut feeling and experience rather than falling in love with fundamentals. Thats just the reality in the markets.
Yes my last remaining long position in WELL stopped out at $6.50 and I even pointed it out based on charts what might happen. So far telehealth sector is the worst performer, all related stocks are making 52 weeks lows. Why would anyone want to touch the sector. Just look at the daily trading and the tapes, there is no buy interest whatsover. It's just that plain and simple.
The $6 support will not hold, I am afraid we are heading lower and the bottom trend just started when it broke $6.50
Anyways, like I have already said before, $6.50 was a huge support for the past year. I said it wont' hold. Once that went, it just confirmed the start of the downtrend. $6.20 confirms the downtrend. Breaking $6, which it will, will accelerate the downtrend. Then it is just a matter of trying to predict where the bottom is. As an investors you should always be rational, holding on blindly is not a sound investment advice. Wait till the fed hike the interest rate, what do you think will happen to the markets and especially stocks that are hitting new lows.