You have a point.. although when herd exodus gets triggered, fundamentals are ignored sometimes. Stay nimble and make contra-trades at the right time.
Next up 15 DMA, if it gets to 7.75 area with equity price action at 8.50, makes a beautiful wave! Firmly believe that only a news release can do that...
Every mb has a designated pumper and basher. Wonder if it is a paid job... May not be much for the efforts.
The short trade is too easy to call. If only things were that simple. A gap up is a serious possibility soon and somebody slow will hold the bag.
A dollar a day walk down from Sept 17th, give or take on increasing volume. May be a bounce from 13? Won't be pretty if that doesn't hold.
The third leg up is only half way done IMO. Don't look from mid-August but look from mid-April. Look at trees long enough, you'll miss the forest...
No problem, good short term call - holding the trendline is important in these ranges here. Broader turmoil next week could be decisive though. Gotta be ready for a whiplash bounce.
I added some. All this 'shake the tree', make it easy for shorts to cover will only work for so long. Those who panic deserve what they end up with.
I like your comment, valid point in light of what has happened. Strongly disagree for the future however, past performance is not a guarantee to future ways.