price seems bearishly diverged rejected from $1
whether its psychological resistance, ovextention of distribution or availability, or volatility from profit taking, the rejection at #1 has led to a sizeable pullback on the 1 hr chart. if we dont break through this high bulls will look to confirm a higher daily low and try again at $1.
i think its clear this stock will remain under $1, even if it goes to $2 over enough time.
i think its clear this stock will remain under $1, even if it goes to $2 over enough time.
Note
still shorting this
seems like another firm rejection from resistance
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