Is so low and having moved into a lower bollinger skid... We will not be buying anymore on bounces until we see a bottom, and that will likely have to incorporate some positive divergence, broad market support as well as a double bollinger touch bottom..
Wednesday was a selling day and IMOP the bulls were overcome... Broad market wise.
The price is dropping so low that from a need to buy point of view... any price lower than 3.65 is good long term value.
As a bull I don't see the need to take chances until the dust settles.
We will stay vigilant for a stop loss run of significance... I smell a panic selloff!
We are only interested in crosses when they can't hold the upside down anymore.
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