REMINDER: TODAY”S LIVEDESK UNLIMITED BEGINS
REMINDER: TODAY”S LIVEDESK UNLIMITED BEGINS AT 4:45 PM ET AT THE FOLLOWING LINK. ALSO, MY CAPS KEY IS STUCK. WAIT… there, got it.
http://marketfy.com/product/marijuana-stock-technical-trade-alerts/livedesk/
P.S. I was asked in the previous thread to comment on “Capitulation” regarding ATTBF and TRTC. My characterization of “capitulation” would be an ongoing decline that has begun accelerating its pace, at an increasingly steeper slope, with progressively deeper bars… while the reactions are shallower and shorter-lived… culminating in 2-3 sessions of gapping down and extending sharply lower.
Both ATTBF and TRTC are only now breaking under extended supports from ongoing consolidations. So, I wouldn”t describe price action for either as even yet approaching “capitulation.” A bottom doesn”t require the downtrend to end in capitulation. By the same token, as I noted earlier today, a sudden, steep and substantial break under longstanding support rarely avoids extending down for at least 2-3 sessions.
I understand the enthusiasm for high-volume selloffs that suggest everyone who might want to sell has sold. Keep in mind that while falling prices do eventually inhibit selling too cheaply, bounces are inhibited by that delayed selling acting on bounces.
