I swear, I've never seen so much TA and tech-talk-gobbledegook on a HC forum as I have in this one.
How you can do TA on a stock that's only about 3 months old is beyond me but, hey!, I'm a dumbot.
Regardless, those who persist with it are, as usual, 100% wrong.
The only person who I've seen who was even close was pipninja - and pipninja got abused/howled down then closed down because he/she wasn't saying what people wanted to hear and labelled a down-ramper just 'cos he/she got off on downramping a stock they didn't hold.
Yet IMO pipninja's posts were backed by what seemed to be good logic.
For my part, I'm sure this stock will thrive in time and I'd call myself a significant holder and would like this to have a boost - but trying to predict the SP on a day-to-day basis right now is an exercise in futility.
There really are too many factors going on in the world - and in particular, China to make any logical predictions.
BTW - I reckon it'll be $5 by Christmas.
Why? because the head and shoulders will likely fall into the cup and saucer and the candles will go out.
KTD Price at posting:
53.5¢ Sentiment: Hold Disclosure: Held