How low will she go?
Oversold on RSI..but when a stock gaps down with a huge red candle, you can usually expect further declines..or it can pop back tomorrow..closing in on S..but if we go in to a bear market, then stocks at the top may take a beating, and this one has made a lot of gains..
The selling could go off and on until earnings on 2-25..
Our economy reminds me of the titanic splitting apart at the seams, yet everyone upstairs partying and totally oblivious to what is going on..then we sink )o:
Not a recommendation
Oversold on RSI..but when a stock gaps down with a huge red candle, you can usually expect further declines..or it can pop back tomorrow..closing in on S..but if we go in to a bear market, then stocks at the top may take a beating, and this one has made a lot of gains..
The selling could go off and on until earnings on 2-25..
Our economy reminds me of the titanic splitting apart at the seams, yet everyone upstairs partying and totally oblivious to what is going on..then we sink )o:
Not a recommendation
Comment:
I meant to say when u have a gap down and huge red engulfing candle, further decline is possible..this one has been sending out "I am in trouble signals" for several days