Great post airman! Don't be a stranger. Please participate in the forum!
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Originally Posted by airman
Haven't made a comment in a while ... probably not time to really comment about this stock...But what the heck.
This is not a prediction but rather my view of possibilities and what I feel may be a probability. Always protect yourself no matter what you decide and do your own due dilligence.
Over the next 2 months I feel a lower chance case is to reach lower before finding a rising support near 3.75 to 3.85. (another major level is 3.64 that would be hard to breach at this point.)
Most probable in my mind is sideways of latest range to slightly lower over the next months leading to the earnings call where a strong reaction up....this will have to be confirmed before making big trades as we get closer.
Also possible is a move back up into the top of the latest range following christmas break. This last could be coupled with the second idea.
My charts don't look much different than the last time I posted them so I will not bore you guys.
Beware though that the S&P looks weak, if it breaks all bets are off.
