Nov. 11 at 4:40 PM
$RLAIF I really want this to succeed for a few big reasons. All I got now is hope they pull a rabbit out of the hat. I got one specific piece on news I'm waiting for as they let time roll by. Now it's all about the money.
Tech wise, we've now keep making lower lows. Broke the 9-2 spike down, then the 10-17 spike down, and a last low on the 11-7 spike down. Good news is the techs are rolling back up, but got a long way to go. Under the 50ema resistance. The big one is the gap on 6-5 at .2928. Do they close that? Most gaps get closed. Seen too many just like this get closed, so we'll have too see.. Making a series of bear flags down from the .697 peak. No real support until the .365 area.
I see a binary event here. Breaks the 50ema up, in the clear and goes higher. Breaks .3641, lower and the gap comes into play. Wild card is there anything from the merger that can move this? Only one thing. Will we get that? I sure hope so. Stay tuned.
