Corrections meandering slowly aren't worth technic
Post# of 148165
(Total Views: 411)
Posted On: 02/17/2021 5:09:08 PM
Re: Evil Rabbit #78383
Corrections meandering slowly aren't worth technical analysts time. A good long analyst will gravitate to a hotter, fast moving stock until CYDY wakes up and surges into its profit zone.
I will say the good news today was the huge 500k share bid that came in early in the morning at first touch of $5.50, giving us the strongest volume bar since Feb. 3rd and a bullish strong i, ii setup off the $5.25 low last week. Could fail tomorrow -- though most thought it was gonna collapse past $5.25 last week and look what happened out of nowhere...
I will say the good news today was the huge 500k share bid that came in early in the morning at first touch of $5.50, giving us the strongest volume bar since Feb. 3rd and a bullish strong i, ii setup off the $5.25 low last week. Could fail tomorrow -- though most thought it was gonna collapse past $5.25 last week and look what happened out of nowhere...
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