It is really super hard to put a triple bottom on very short term charts, especially in the pinks because a stock may bounce off of the support a lot of times, before moving higher or lower. So, in the longer term....no, not really at all.....in the short term, we went through the support level today in a significant way, so, again, I would have to say no. GLTA
By the way, the reason day traders can be involved with this is that they use margin accounts with the brokers which give them a big discount on the calls. So, to buy a lot of shares it would be relatively cheep for them because they are actually, borrowing the shares or a large portion of them. On the other hand, it really sucks bad for them if they are wrong in the position.
(0)
(0)
Creative Edge Nutrition Inc. (FITX) Stock Research Links
In times when you feel low self esteem, disappointment and perhaps even depression.......keep in mind that it may simply be the result of the fact that you are surrounded by ass holes. GLTA