No there is nothign wrong with this stock its a typical bio downtrend. I think this is due for a massssssssive move.
I actually rarely pay much attention to indicators regardless how many I have / most the time zoomed in double clicked in just using volume etc. However, to find end of long term downtrends they can be extremely useful on these.
Bollinger Bands (40 day and 14 day overalapping on bottom)
RSI dead on all time frames
Factors:
-Float 16M when this moves it will move even bigger
-Cash to Debt 18 RATIO. They are not at all hurting for cash in fact did direct offering also. Cash is without a doubt good for future far as I can tell.
-Postitive news / Ecommerce etc. I think it pops VERY similar to WNW
I actually rarely pay much attention to indicators regardless how many I have / most the time zoomed in double clicked in just using volume etc. However, to find end of long term downtrends they can be extremely useful on these.
Bollinger Bands (40 day and 14 day overalapping on bottom)
RSI dead on all time frames
Factors:
-Float 16M when this moves it will move even bigger
-Cash to Debt 18 RATIO. They are not at all hurting for cash in fact did direct offering also. Cash is without a doubt good for future far as I can tell.
-Postitive news / Ecommerce etc. I think it pops VERY similar to WNW
評論:
Does look a little H&S on the bottom here but I cant imagine it going down any further without a catalyst id suggest a 1.40 stop loss. Rest are PT here in pink / yellow stop loss on right hand side
