XXII sinking lower? New channel forming on the downtrend?
Updated
will XXII slink lower or is this a scare tactic by our resident MM. Looks like they are slowly stair stepping down over the long term but allowing a channel to swing the stock over a set period of time. This has no news going for it, and company doesn't seem to care. Bearish until uptrend is confirmed or company issues some positive news.
Trade active
still working towards 1.....Note
IM A BUYER AROUND 1.....Trade closed: target reached
bought 2k shares at 1.20 and sold them at 1.35. bought some lotto calls for an unexpected rebound.
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