Who the hell is buying at those prices...
Sometimes I don't understand this market at all. I swear.
Sometimes I don't understand this market at all. I swear.
Someone who will regret it in couple of hours
try 6 hours.
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*10-day 2-hour scale*
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we've reached a short-term bottom. rebound is likely, CCI will reach to its recent high (at about -50), and then likely bounce. this corresponds with a price of about $100. if we break through this resistance, we could see as high as $125, although mitigating factors like low liquidity on weekends may affect these values.
--arepo
edit:
So now almost everyone is a bear? Investor cycle says we are going up then. 
exactly, the utter despair on the forums today along with the oversold signals on many oscillators, and a high-volume doji at the $80 bottom all point to a significant rebound.