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Wednesday, June 24, 2015 10:48:11 AM
If you look carefully at the daily/6 month chart you'll see a lot of interesting things going on with BYSD.
1. Firstly, we are due to bounce back to the .0015 mark (however this is nothing new as we've seen BYSD go from .0005 level to .001 level many many times without news brother.
2. Major support at .0003 and lots of resistance at .002. For the Short traders who understand how to trade penny stocks there is a lot of opportunity to make a small spread between .0005 and .0015. For the longers with strong news and good momentum we can bust the .002 wide open and that would become a the new support level for the next 6 months.
3. Without news trading in the .0008-.0015 range can be wobbly. So take caution. Those filling under .0008 are pretty much filling at the basement level. Thus the old saying, buy low and sell high. This is the perfect scenario or opportunity to do just that.
4. MCAD line shows that a trend Shift is eminent! Get ready brother because just when you least expect it BYSD tends to go BOOYKA!
...more to come soon brother, stay tuned. Go BYSD (Somebody PIN this post)
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