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.