It whether your long or not, short has already gone
Hey no worries Winner, and no offence taken either. HNZ imho is a long game. If I'd wanted to sell I would have exited the re-entry to the Linear Regression Channel that you posted some few days ago (not on my daily chart, but it is on my weekly chart). The multiple daily 'sell signals' have past. The longs who got the collywobbles would've sold the 50EMA breakdown at least. Anyone holding now should be looking to either leverage the price advantage (as Xerof says, what's 10c in the scheme of things) or reconsider their reasoning for ignoring the sell signals, i.e. they're long but wondering why they didn't do anything about it and possibly shouldn't be in it. JMHO folks.
Here's the weekly chart if you like. It's still above my fav 14EMA but $1.18 is solid support if the johnny come lately's lose the faith. Now that would be a buy, or anything under it. If it crumbled to the 40week EMA or worse the 60week EMA, I'd guess by then only the faithful would be left holding, and probably bought everyone exiting on the way down as well. Who knows really? If you're not long I'm talking past you.
BAA
Quote:
Originally Posted by
winner69
BaaBaa did say it was for believers (in the long game) so you only see what you want to see
Sorry BaaBaa, nothing personal and I know you have had a tough day elsewhere