Jersey....I see your point....and I see the other
Post# of 75357
Posted On: 01/27/2016 11:05:10 AM
Re: Jerseyfish #16921
Jersey....I see your point....and I see the other side as well.....let's just say I'm cautious, not trying to drag anyone down further here. I'll admit that I didn't start looking at this seriously until it started approaching the 52 week low. I play Big Board, so pennies intrigue me. I will say that charts might not mean much here....RSI and trends do still matter....the pps proves it here.
Logic shows that anyone who didn't look at this chart over the past 6 months is probably down, some alot more than others. If this is going to turn around, now is the time. I'm just surprised they unleashed a report that shows a ton of conversions and didn't take an extra minute to post some details or an explanation as to what it meant. I believe it scared many out the door.....and kept a few guys like me ( and a few others I know )to sit a bit longer.....patience works both ways I suppose.
GLTU
Logic shows that anyone who didn't look at this chart over the past 6 months is probably down, some alot more than others. If this is going to turn around, now is the time. I'm just surprised they unleashed a report that shows a ton of conversions and didn't take an extra minute to post some details or an explanation as to what it meant. I believe it scared many out the door.....and kept a few guys like me ( and a few others I know )to sit a bit longer.....patience works both ways I suppose.
GLTU
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