Originally Posted by
trippingthespeculatingpos
hmm ive been looking at the chart quite a bit today, to me the downside here is very very little.
.30 could print but i dont see .29 lasting long if it happens. overall im willing to bet .34 is the end of this downtrend. im going to be watching next week and if i like what i see i will be buying back in.
Im thinking this week could def be the end of this downtrend. 7 straight down days its going to be hard to keep this up.
to me the only thing dragging it down here is investor sentiment. the only thing that can drive it under .30 or even under .34 is investor sentiment continuing to be off the charts.
plus there is this 5 wave theory people keep talking about, seems interesting. dont know enough bout all that though. anyway gl next week everybody should be interesting.