BlockQuarry Corp (BLQC)

[trader53]

ISBG - Wave 2 - Load the Boat !!



Impulse Wave 1 - The Accumulation Stage
the Wave right after a prolonged downtrend.

Wave 1 - Stock Climbs - From 0.0003 to 0.0007

The stock makes its initial move upwards.
This is usually caused
by a relatively small number of people
that all of the sudden
(for a variety of reasons, real or imagined)
feel that the price of the stock is cheap
so it’s a perfect time to buy.
This causes the price to rise.


Wave 2 - Stock Declines - From 0.0007 to 0.0004

At this point,
enough people who were in the original wave
consider the stock overvalued and take profits.
This causes the stock to go down.
However, the stock will not make it to its previous lows
before the stock is considered a bargain again.


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