Minor support at $18, solid support at $17 and again at $15. These are all from long term price points giving horizontal or rising support lines. The orange line @ $20.20 (broken last Friday) is the 100% fib retrace of the move since Oct 2013 (and 61.8% of the entire move since Jan 2012).
DYODD it isn't a forecast for today (or this week), it's just a price chart
Some might like to reflect on history. Earlier this century when the tech bubble burst the NASDAQ lost 90% of its value before stabilising.
History would therefore suggest $4.50 isn't entirely out of the question.
Some might like to reflect on history. Earlier this century when the tech bubble burst the NASDAQ lost 90% of its value before stabilising.
History would therefore suggest $4.50 isn't entirely out of the question.
Some might like to reflect on history. Pineapple is a fruit. History would therefore suggest $6,000 isn't entirely out of the question.
If you were Rod Drury, what would you do. I personally would have sold a chunk a few months ago and now sell another large chunk. Its clear this thing is going to drop more and with the share coming out of escrow this week more pressure will be applied. I mean sure it would show a lack of confidence but man he must have balls of steel. IF this does drop back to $5-10 he would of watched hundreds of millions evaporate without acting on it.
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Originally Posted by Harvey Specter
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