Don't you find it strange when you see bashers hanging out?
I've been reading a bit of this forum (bored today) and notice its mostly dribble and old repetitive attacks
IMO when someone pumps and tell me to buy because he sees 1000% gains... I tend to laugh
But when someone hangs around and bash's a company or other posters day after day ... I tend to take that as a good sign to back up the truck and buy some shares
Not that I care because I try base my trades on T/A and ignore all the "B.S." from bashers/pumpers because most of what you read, should always be taken with a grain of salt
And I also never suggest anyone follow me, I just post IMO
Anyways I decided to pull up the chart again to take a look, after reading all the propaganda by posters
I was asked about my targets and decided to map my interpretation of what I see in the T/A after I took another look. (sometimes a picture is worth a 1,000 words)
I see a "cup & handle" pattern forming
There was initial large volume that pushed it down, and moved most of the indicators to oversold. However you can see the start of the reversal on the next high volume day. It pushed the indicator into neutral pattern at a huge support on .11 (see how the indicators leveled off = fewer sellers) The bottom can drag on but the next step would be to look for a bullish break out (a trade) past the trend line (circled red above). This is where you will see allot of volume from people waiting on the sides) Once it hits the resistance .14 there would be normal selling pressure at this point and retract, if it can make it through on a second attempt I would look for an easy .17 ,minimum
Again I just post my opinion based on my interpretation of the T/A which may or may not agree with someone else. Don't be sheep; educate yourself, then base you trades on your own opinion. Trading is risky and you should never gamble more than you can afford to lose.
and happy capitalism