Short term, not sure what to think. I thought we were seeing a rising wedge, but the bottom seems to have fallen out (and not much momentum followed). Could still see a third drive up.
All i see is the price going down again and no sign whatsoever that we're about to go up.
Now with Dell on board you have to be really dumb to just keep selling. It's clear there is only 1 way to go and that's up. Then again i love seeing those idiots lose their money. Nothing better than seeing a 200 dump and the price going up 5 minutes later.
So pretty much the best news we will get for now and still nothing. What exactly will it take according to you guys who keep repeating daily we're about to go to the moon for the last 6 weeks?
It's nice to see that in between the dumping the price still slightly goes up. It's just nowhere near enough. There is still some buying pressure. But how how much longer...these dumps just seem to go on and on.
Yes, but according to my lines it is soon decision time. Will support at $615 hold or will we break down? If we break down it could get brutal. If we break up (again) will we be able to go beyond $630?
According to everyone's lines it was decision time every single day in the last 4 weeks or more. As you noticed nothing happened. Lines don't work.
Maybe it's time that we stop being delusional. For 6 weeks or so everyone expected a huge break out. I think by now it's clear it's simply not gonna happen. At least not now. Nothing even slightly points that way either. Really, there is no reason i can think of why we suddenly would go to the moon. I'm a bull and will always be but i'm starting to cringe every time i see people adjusting their charts and lines and chicken bones to show how we will go up in 2 days from now. You just keep changing the dates and lines because nothing happened at the previous date. I never seen so many people in denial and simply delusional here before. I think it's better if you start facing the facts.