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Posted On: 07/08/2020 10:07:36 AM
Post# of 145918
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I actually find the cydy stock pattern interesting. Post the vyera deal we catapulted to 1.65, sunk down around 1.2 languished in the dollar mark eventually the culper report and touching 80 cents so a 50% retrace. Then we rocket to 3 on bla submission and some covid rumblings touching 3.84, hanging around 3 retracing at one point all the way to 2 dollars, slow climb back to 3 before the next big leg up to 10 dollars. Citron does their thing we drop over 50% again and whipsaw back stuck around 6 which if we stick with the almost 50% retrace could mean 5 is possibly in the future one last time before the climb back up.
So really we vault, retrace 50%, claw back and languish, skyrocket....rinse and repeat. The claw back and hover is where this board continues to show angst and second guessing, while the skyrockets everyone is happy footloose and frisky, the 50% retracement brings out the worst in all of us and ironically is the time when most bashers show up. They are uncannily quiet on the skyrockets.
I just find it fascinating.
So really we vault, retrace 50%, claw back and languish, skyrocket....rinse and repeat. The claw back and hover is where this board continues to show angst and second guessing, while the skyrockets everyone is happy footloose and frisky, the 50% retracement brings out the worst in all of us and ironically is the time when most bashers show up. They are uncannily quiet on the skyrockets.
I just find it fascinating.
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