I like this stock and this is why:
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move like that, it can went down forever, it has to stopped because the bears cant have the control everyday so today i think this is what happened, the bears had the control for 6 days now and today we see the first candle for the bulls so i think it is possible that we will see more bulls coming out and bears are starting to fear a little bit.
Ver strong long support line.
The stock did a very great bouce today so im expecting a reversal on the upside.
The stock went down for 6 days in a row and today we see a very nice move up so there is potential for a reversal because when you see a great down move like that, it can went down forever, it has to stopped because the bears cant have the control everyday so today i think this is what happened, the bears had the control for 6 days now and today we see the first candle for the bulls so i think it is possible that we will see more bulls coming out and bears are starting to fear a little bit.
