good accumulation...should pump hard here soon. Right under 8 hr resistance it keeps testing it, shouldn't have no trouble blowing though the next 8 hr resistance. should top out at a little over 24%. Get ready for distribution
the bears have a full belly nap time
only one way to find out....how low can the fat lady sing?
just my thoughts on the week chart going off of support and resistance and demand locations.
Just what I'm looking at if the bottom falls out.
if it holds we will all have smiles, if not we will frown until we smile at 13 bucks
notice the trend broke around the .786 fib , the next support is 33.73 then we should see a bounce up then back down for the double bottom,,
still waiting
Title says it all
I think we will drop down the trend line then pump up to the medium line, might blow past it and if we do then we will hit the top of the fork......then going deep down for the count. the 3rd wave is in play and needs to finish. Volume is stalling but OBV is picking up..looks primed for a bull trap.