The company has to prove being profitable, till that time I am afraid it will be in downtrend, we can reach $4 in the next 3 months I am afraid
optiontrading96
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can you do a chart for SUNW? tks
obviousTortois96273
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I think I see trade shift starting from Jan 12 or 13. let's see. it's been bleeding for quite long time now. all growth stocks are.
VitalDirection
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@obviousTortois96273, The bigger pic suggest that it will make new ATH however I am looking for bottom for it tbh. I think it will head to 13 and from there either carry on or will head down to 8 then huge up.
obviousTortois96273
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@VitalDirection, JMIA changes trend every 230 bars. Try that, its pretty accurate. 230th bars completion is on Jan 12th. I expect a trend change then.
@VitalDirection, Seems we are heading to $4, terrible downtrend made worse by the current market crash :(
oj3883
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@obviousTortois96273, I am also bleeding :D I dont understand this long time downtrend. Am i missing something? Their expenses are all necessary and reasonable.