Not a believer because the tech indicators don't s
Post# of 7290
Not a believer because the tech indicators don't support it. L2 shows that the price depression is artificial. A/D indicator shows highest accumulation ever, the stock keeps getting bought and held and the indicator suggests the float has but 85mm shares circulating. If a group of people were flipping this we'd not see the accumulation uptrend is all I am saying.
When price goes down but A/D rises it shows tension, divergence and usually signals a correction. The other side of this is buying pressure sitting on the sidelines I think since CEO has mentioned some corporate actions and deadlines he's not met. I think it is getting close to another bottom here and solid time to add. Next few days should be telling. I know you just cant time the market so...best you can do is invest in a solid business and this company is the most solid (safe) I know.
Still frustrating when you have expectations, that's the worst part expectations. Otherwise I am in the Green and have nothing really to complain about. Not everyone can say that they are green in their investments so...counting my blessings now.