I've not been watching closely enough... and, clearly, I'm not feeling any sense of urgency... rather than something more like a passing morbid curiosity... like that you have passing the scene of an auto wreck, while you try hard not to look...
It escaped me that NOK has been trading down well under $2 for over a week already...
NOK has one ugly chart...
Any guesses on how much additional damage might be done in the charts in the short term, by Elop being forced to have to talk about it, on Thursday ?
Looking for a new price target and an accelerator to make it happen...
ADX turned down again on the 10th... and there seem to be a lot of people still in denial about how bad things really are... with both ATR, OBV and the average volume dropping lower again at the end of last week...
I'm thinking the weakness in the charts is saying there may be a very high risk of a large percentage move coming... but, they're also saying that some event or statement that makes that happen isn't being widely anticipated, right now... only, the charts say it is being anticipated by "a few"...
I'm not thinking what we see in the charts says that its heading higher...
Should be an interesting week...
I'll try to pay closer attention, this week, than I have been...
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