Bad Day for the Markets:
Here's a screen shot of today about 4 hours into the day on a Thursday after the Wednesday usual round of bull trap hard core delusional bulls (likely novice bottom pickers following the wrong side of the news) that put a bit of a push in the face of what should be have been a day on the sidelines.
Just a thought... when your looking for bottoms... on a bad day as illustrated.... when a stock is not moving (in step with the overall markets)... the only thing we would be worried about is a financing that could undermine the present share price.
Not moving is a step in the direction of marching to another drummer as in the possibility that the stock is flushed of fear ridden traders and is holding its own waiting for the right swarm.
MDL.V is an example... at least today.
GLTA Lostoutwest
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