akitaStocks hit bottoms because there is more selling pressure then buying, Add bots making up alot of the volume and you get charts like akita. That was obviously the case here.
In this market, where stocks are trading at multiples surpassing the dot com bubble, means any buy, never safe. Until the market falls apart, there is still opportunity.
Akita buying over the last 2 months has matched the selling.
It is understandable that funds are selling stocks these days, as the uncertainty of the ponzi scheme and the marketing involved in keeping it going, is waivering. Not sure what todays baby boomers are gonna do.
That being said, hopefully q2 brings a catalyst to the stock.
Goodluck to Akita and eveyone in the market.
With bitcoin holding the fort, we continue with the herd mentality.