RE:RE:RE:RE:RE:RE:RE:RE:RE:Great presention todayMexiurl wrote: Good old triple waterfall, about to enter third fall, thats gonna be hard on the ceo. Trigger could be quarterly numbers, and if they were not brutal, they would have had no reason to hide from relevant questions. So 80 cents, write it down
Unfortunately, I agree that the technical setup for a triple waterfall pattern on the weekly is there and its a perfect storm with ongoing ASDP sales capping buyer interest, a terrible market backdrop and a likely disappointing Q3 report in mid November. The only technical fly in the ointment is the Money flow divergence but thats not a lot to crow about for the bulls. If 1.35 support breaks, then its highly likely we see 1 - 1.10 tested and if that support shelf doesnt hold then your .80s would come into play, where I would certainly be a buyer.