Post by
mystiqe on Jul 27, 2021 2:55pm
support
Support of 4.57 broken. Next support @ 2.95
Having read this blog on and off in the past few month some interesting posts: On pull back from $12, no worries will be 15 in two weeks. At 10 way oversold news coming soon. At 8 bought more what a deal. At 6 this is long term. At 5 these deals take time……
Some people on this bord have seen their paper gains evaporate like an ice cube in the sun....
I don't wait for news, I read what the chart tells me and that looks like a downhill course since February. Charts don't lie.
Good luck and good trading.
Comment by
fdfd12 on Jul 27, 2021 2:57pm
100% mystiqe. These pumpers don't know how to read charts. They say long term. Long term we are all 6 FEET UNDER. We need action NOW!
Comment by
fdfd12 on Jul 27, 2021 3:12pm
Mystiqe, one thing though. I don't see your support at $2.95. I see it more at $3.80 to $4 range
Comment by
mystiqe on Jul 27, 2021 3:37pm
fdfd12, I use Vector Vest and the support line comes in at that level. If you put up a 1 year candlestick chart you see clearly that on Sept16/20 and Nov12/20 the candles had a very long wick on the bottom. Those are the two points for a strong support. I can see what you are referring too but I think that would not count as a clear support.
Comment by
fdfd12 on Jul 27, 2021 3:41pm
You have taken $3.10 and $2.80 which are the lows of those 2 days and avg them out. I don't think you get support in that manner. I think support is where a stock stalls for a certain amount of time at a certain range. PYR was $3.75 to $4 for 4 months at the end of last year.
Comment by
ITSUP2ME on Jul 27, 2021 3:03pm
No news is better than fake news...as for the BOD...Rodayna Kafal...HOT!! She's worth every penny....