Q: re:AYA
Wiping my tears so I can type and, I am sure you are tired of hearing about this company.
My position is small ($1,000 & less than 1%) but I am a little tired of watching this precipitous fall.
On Saturday a 5i member commented
"there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out."
I'm close to jumping ship but would like to hear your thoughts on the aforementioned comment and maybe provide some explanation as to what exactly he is saying. If it gets to $5.75 it will drop to a dollar?
Thanks You Peter & Family
Gord
Wiping my tears so I can type and, I am sure you are tired of hearing about this company.
My position is small ($1,000 & less than 1%) but I am a little tired of watching this precipitous fall.
On Saturday a 5i member commented
"there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out."
I'm close to jumping ship but would like to hear your thoughts on the aforementioned comment and maybe provide some explanation as to what exactly he is saying. If it gets to $5.75 it will drop to a dollar?
Thanks You Peter & Family
Gord