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Re: Objective Pessimism/Optimism /// SamuraiPhi -- some clarification ( with a TA surprise package) "While Berk has made mention that soft support may allow the share price to get to single digits," --------------------------------------------------------------------------------------------------------------------- Just to be clear - Although I have expressed concern that 12.77 is a form of support , I have not quantified that Support as "soft" or "Minor" in nature. However, given it's location I will venture that any Predators observing the current chart would see what a wonderful opportunity there would be in breaking it. Break 12.77 and Bulls would just leave the playing field in droves as they almost instantly adjust their "new" bottom fishing for the $10 level. Break 12.77 and the PPS will take naught but a blink to approach $10. The Predators know this. And they know that $10 is where the real battle/ counteroffensive is likely to take place. But,but, but.............................. $10 was last seen in April 2013 . Now look what shows up - That's quite a surprise . And talk about a Target with a bullseye on its back . |
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