Joe-Magarac

Joe-Magarac

While the Chart looks like a nice setup for a bounce, the Conference Call makes me think -- it ain't worth the risk. The C-Suite has lost-control over the numbers --and makes excuses. We've all heard this before, the 'we're transforming the company" (translation -- 'we are trapped by the old management style' but we can't think of a better way of doing things)...

Joe-Magarac

Watch out below. Something has happened. Lava-flow price-action. Busted through trend-line & 200 sma support.

Joe-Magarac

Daily trendline support = solid. Declining wedge = pincer. Target = $48