If there is something in the pot cooking it will not be ready till late Feb mid March in anticipation of ER and following guidance hoping there is something to hang our hat on ... at least a color picture of the future. Berlin let us know a single number so far that was 40% increase in sales yet a small number and a long way to brake even Ia there something else any new numbers flowing out of the new deals, any sales projections, buy out , Teva?
I agree that looking for a cup and handle is not usually the way to go with this stock. However I feel like the time is ripe this is around the time this stock has historically popped. That being paired with a nice cup and handle could pay due diligence. I feel like the spring has been coiling and we are do for a nice POP. (IMO) It would be amazing if we could see what gene just experienced. Time will tell...
No, I did not! What I said was that it is back to its' familiar pattern - pop&slide lower pops deeper slides. It is a very narrowly traded and highly manipulative stock. Looking for a "cup & handle" formations is futile. It can go as low as MM wish to, until there is some PR in the making that they always know about ahead of time. The sign of it being occasional block buying at the ask and sideways trade thereafter. Today it broke out of the consolidating triangle, of course it was GENE related move (i wouldn't mind a 300% move to brake even too, lol) thus the slide back @ close. So wouldn't dwell too much on formations, supports and resistances as this stock is completely oblivious to that very notion ... So to be more precise in what I meant - I would rather expect some positive something based on my observations above. Yet, I expect it will resume the downward pressure now when momos jumped out on the pop, IMHO.
95% of what is said on this board is total BS, but when I state a fact and say a cup and handle is forming I get a bunch of naysayers. I didn't say the stock was breaking out right away and didn't say it wouldn't go down (stock price will fluctuate in handle) but I did say that I believe within the next couple of weeks it will break above the 200 mda. Handles usually take 1-4 weeks to form. Its been about 2. What I'm saying is that within the next couple of weeks I believe it closes above this.
Anyone who can read a chart can see this. However if you don't know how one works, you wouldn't understand.
your name fits you well jakeLAME. Even if there is a pull back as long as it doesn't go under 2.80 we still have a handle formation. Just wait BRAH. When it crosses over 3.50 in the coming weeks, you'll be the first to jump on the band wagon
Hey bro. I never said this was it. Your clueless when it comes to this stock. All I said was we have a cup and handle forming and you too jokers are trying to dispute that...
Keep reading your tea leaves bro! $ROSG doesnt follow mrkt fundamentals. This stock is a MM wet dream. The cup and handle didnt take into account GENE today nor did you. ROSG will dump again because this movement is a head fake. Until real PR from Berlin, we are not going to move past 5+. We need a major announcement.
You were saying?!!
Doesn't seem like you know what a cup and handle is...Its been falling on very low volume, thus forming a handle.
Did I forget to mention that ROSG is a bargain at twice the price? Don't let a 10% gain scare you; there's much more to come.
Sentiment: Strong Buy