EDIT: Equity offering bearish or is it time for a reload?

earlier in the day, EDIT announced on a 50M public offering of common stock, resulting in diluting share holders on a P/E basis and also hinting the possibility of financial distress or mis-calculation on future earnings or road blacks.

From a purely technical standpoint, it was already a logical place to take profit and look for future strength to see if the trend will continue. It's important to note of this trend line support, as well as the general Fibonacci ranges. should EDIT blow through the trend line support, we should take chips off the table and anticipate some type fo bearish terms for the public offering.

its also crucial that we pay attention to the oscillators levels for confirmation of a continuation of trend or a trend reversal. Granted, these oscillators are not gospel but they do help anticipate direction and overall confluence in the general market.

Range to add are: 24 USD
Range of Price targets to take chips off the table: 30 USD & 40 USD

SL is 21.50 USD
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden