Free
Message: Re: Danger Ms. Robinson.
2
Cal
Aug 15, 2023 02:23PM

Not looking good at all short term unfortunately. Hoping we bounce soon, but bracing for impact ($13-$14 support). RSI hasn't been this oversold since the covid drawdown, so we really should at the very least see a technical bounce. 

One thing is for sure, GM will greatly benefit from this massive sell off, if we don't see a reversal before the split when the last tranche is calculated... can't help but be a little cynical about the fact that every single peice of positive news this year was sold into. 

Ah well, what can we do but wait and hope we eventually see a more fair valuation by the market. This was always a long hold for me, it may be turning into an even linger hold than I banked on. 

 

ElithX

2
Aug 17, 2023 01:23AM
1
Aug 17, 2023 04:44AM
1
Cal
Aug 17, 2023 01:12PM
1
Aug 18, 2023 01:23AM
1
Aug 18, 2023 03:53AM
Share
New Message
Please login to post a reply