Michael Sofia fantasy world as stock seems to have bottomed... | ABUS Message Board Posts

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Msg  34729 of 34746  at  10/17/2019 3:12:51 PM  by

wbart21

The following message was updated on 10/17/2019 3:26:45 PM.

 In response to msg 34728 by  Biogiek
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Re: Michael Sofia fantasy world as stock seems to have bottomed...

Fool me twice
shame on me ;)

Not as sure as you,Biogiek that THE bottom's in, but I'll entertain that possibility given .83's perfect hit of trend line. Perhaps we dip again, hit a lower low while maintaining +MACD divergences or not.
I'm sticking with my original technical thought of at least mid $2s sometime again in my lifetime(200 dma).
Given failure after failure , sloppy pre tox screening/compound evaluation develop... there is absolutely no fundamental reason to justify this technical belief/wild a-s guess.
Technically this low comes with decently + trending LT MACD & a 5th wave'ish bottom right @ descending log scale trend line on daily.


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