Theta pulled out a >100x graph since march 2020 and is overextended.
The news that the mainnet launch was rescheduled by more than 2 months led to a selloff that most likely will continue until we find strong support.
Due to the overextension it's hard to find these spots but we found some ideas showed by the boxes.
Basic rules:
- Never buy the top/ATH
- Take...
Bullish on this stock, the book value per share is 2.35 yet the price got scared down to 0.79 because management rescheduled earnings. Sort of looks like a double bottom should be formed once this anomaly is resolved.
