The chart speaks for itself.
Comment:
With the news coming out today, I'm not sure this will make it to the 50% retracement before the news. For those who are expecting it to rise more, I wish you luck.
Comment:
It appears this chart was not in sync for some reason with my other chart. It went well below the 50% retracement and then recovered. At this point I would have left the trade. The news is too volatile for my taste.
Comment:
For the record, I was right. This company has yet to prove to me that it's not vaporware.