I'm not much of a believer in charts, especially w
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Posted On: 07/21/2019 12:15:16 PM
I'm not much of a believer in charts, especially with such low volume as we have seen quite a bit lately.
When a big PR hits, or else in now less than a month 2Q earnings/revenue, that's when this stock will really move!
Maybe just maybe Friday was the start of an up trend but given how I've seen this stock behave, I'm not counting on it.
As soon as there really is solid news (not that I'm saying there hasn't been, just that Wall Street has not yet really discovered this stock), then it will move up fast, I believe. I do think if no PR before 2Q earnings, then those will be a catalyst for strong upward movement.
Still, I as like everyone else, would be happy to see Friday as the start of getting out of this range we've been in and leaving the upper 1's and low 2's behind!
When a big PR hits, or else in now less than a month 2Q earnings/revenue, that's when this stock will really move!
Maybe just maybe Friday was the start of an up trend but given how I've seen this stock behave, I'm not counting on it.
As soon as there really is solid news (not that I'm saying there hasn't been, just that Wall Street has not yet really discovered this stock), then it will move up fast, I believe. I do think if no PR before 2Q earnings, then those will be a catalyst for strong upward movement.
Still, I as like everyone else, would be happy to see Friday as the start of getting out of this range we've been in and leaving the upper 1's and low 2's behind!
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