Lifeist Wellness Inc V.LFST

Some Basic TA

[steveM45]

Resistance .17, Support at .12
Currently about 35% away from resistance, and about 4% from breaking support.

Needs to break resistance of .17 to change the daily downtrend, and breach .12 indictates another leg down coming. 
Also, daily highs are getting lower.

Bottom Line = daily downtrend still strong. Nothing has indicated any change yet.
The trend is your friend.
You can cry & deny but the market will set you straight.

[stock1829]

The weird thing about 'technical analysis' is that even though people make amateurish attempts like this, it's still modern day snake oil - even when practiced by the professionals.

[steveM45]

Of course!  When ppl don't understand things, it's 'snake oil', or 'a trick' or something.  Honestly, I dismissed it too when I started 'investing'. ppl said the same for most modern medicine too. Ie. Anti-Vaccers. TA has served me very well, once I learned it. But not for everyone to comprehend and/or learn. Without some sort of analysis, either

[steveM45]

down 20% since.  It doesn't look like .10's will hold.  .09's this week or next.

[steveM45]

I guess it's this week. New year low is here once again as expected. You can tell how enraged some of these bulls are by the increased pumping and personal attacks.  Don't think this will get over .11 anytime soon.