Chart guy
OP
:
omg it touched 27, our lives are over.. lmao....the line I drew at 28 represents a support area. Do you know nothing about charting (support, resistance, trend lines,etc)? No one can predict the future and prices can bounce just above or just below support areas. There are no exact numbers. Furthermore, institutions and people with huge sums, will intentionally push or short a stock past a support line just to take out a bunch of stop loss orders allowing them to get in lower and accumulate the shares in volume. As chartists we don't claim to predict the future, we make educated decisions about where to enter based on past history of patterns. It is not an exact science.
StockSimp : You thought we were not goin to touch the 27’s? What just happened?
Arturo Adams StockSimp : Sell all of your shares lol
StockSimp Arturo Adams : I did. Yeah it hurts to see the portfolio drop. I bought in at 14 and sold at 31 to preserve what was left.
Chart guy OP : omg it touched 27, our lives are over.. lmao....the line I drew at 28 represents a support area. Do you know nothing about charting (support, resistance, trend lines,etc)? No one can predict the future and prices can bounce just above or just below support areas. There are no exact numbers. Furthermore, institutions and people with huge sums, will intentionally push or short a stock past a support line just to take out a bunch of stop loss orders allowing them to get in lower and accumulate the shares in volume. As chartists we don't claim to predict the future, we make educated decisions about where to enter based on past history of patterns. It is not an exact science.
kei98 Chart guy OP : Bruh the company is overvalued this will gap down again