Provectus Biopharmaceuticals Inc (PVCT)

[123tom]

@snidely..."if I buy at 96 it will fall to 87"....


Thats EXACTLY correct. and guaranteed because I bought at 93 as well.

murphy strikes again.



......I see todays resistance again hits a wall at 1.03


I guess since I got my new shares at 93. I can place my old stink bids back in the docket , around 82 and 76 again.
I wonder if we can get a feel for the 'importance' of the latest 'news' by seeing how the price responds. It clearly popped up to the 1.03-1.06 resistance, but today....back down to 87. as well.
these next few days could be telling.
Maybe when real strong news happens, like a completed deal with china and india, or great trial study results...then we will see the rocket ship take off....but these small pops, followed by equal drops back down, isnt too spectacular.

dont give up on the lower stink bids just yet.

I'd say these last two days candlesticks are what a false breakout looks like , right? a zig zag, like we've seen in recent weeks.

Pullback targets in the zone below, around 88-82 cents. The next rally could be the real one ,if something good propels it , above 1.09 area, testing 1.25-1.35 area and target top zone might be the 200 ma around 1.55-1.65 area. Anything less than that is not the rally move in the next cycle, pops to the 1.08 resistance zone , over and over, in a zig zag way, is not the next rally. its just a false start. today represents one of the zigs....Unless, we see a big move soon, that targets the 1.25 area.


http://stockcharts.com/c-sc/sc?s=PVCT&p=D&yr=0&mn=2&dy=0&i=t42553147569&r=1408475896629


http://stockcharts.com/c-sc/sc?s=PVCT&p=D&yr=0&mn=3&dy=0&i=p45614594873&r=1408476334920


http://stockcharts.com/c-sc/sc?s=PVCT&p=W&yr=0&mn=6&dy=0&i=p90565683224&r=1408476461462