Joined Feb 2009
|8,160 Posts|
Status: Bohunkeriffic! O.o
I am not adding anything new on the week, not even going to bother scanning. I will be spending time with the family for the food, festivities and libations. Will see how the week goes, may post a few follow up charts if anything worthy of a comment.
we are observing a Bat pattern in H4. according to slowing pace in correction behavior, we expect a decline in this share being seen if bears take control of the market.
the price is moving along with uptrend line closely and just bouncing from 61.8% retrenchment too In Weekly Time frame. we expect to have the price moves up if the negative divergence came in.
THQI practically became a penny stock today with an 80% loss. Someone's bidding on the company, as they've filed for bankruptcy. Does this mean THQI stock is going bye-bye?
THQI practically became a penny stock today with an 80% loss. Someone's bidding on the company, as they've filed for bankruptcy. Does this mean THQI stock is going bye-bye?
Nope.
Current press basically states that they are liquidating all of their shit to pay bills and get backers.
From there, could be delisted from Nasdaq and end up in Pinky land, but the ticker will still be round for trading...or if they ever get their shit back together and rebuild into value.
In Daily time frame we can see DEEP CRAB pattern. according to time fulfillment and rebound from prz zone we will be a wittness of the price growth if everything goes in favor of our outlook.
