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Re: bot2soon post# 991

Thursday, 02/09/2017 4:54:08 PM

Thursday, February 09, 2017 4:54:08 PM

Post# of 1637
Finally some volume, people that want out taking advantage of the bids stacking up, always a good sign.

Now I wouldn't complain if it dipped to .10 but, I really don't see that happening again if ever. 27k shares scooped right up in the .30 range today, like 21k in 3 minutes. Prob double or triple bidding that in the .20's.

If you look at the 100 day chart you can see there was volume below .30 for almost a month but it really wasn't that much, then between Nov 16 thru Dec 14 .30 formed support again and I think we'll consolidate and move up from here. The .10 trade the other day was only like 200 shares and happened on the bell before the bids went live. It came back as a big green hammer, looks like a market maker was correcting the chart. Shows a reversal in progress now.

It shouldn't take much to churn through the .30's before .40's support sets up again. Then .50 to .54 will be the first real resistance.

They're getting that o/s down and shooting for 10k+ units on the road this year, that's what? Like $10 million in monitoring revenues? We're looking at dollars by year's end easily if they keep the momentum up. Waiting on that next round of funding, I bet it's going to be pretty big.




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