Potnetwork Holdings Inc. (fka POTN)

[justinbailey]

If you believe MACD, we close @.065-.070 tomorrow or Monday

I don't put 100% faith in it for day to day trend/direction prediction, more like...week to week if anything. I go off my own intuition for day to day with MACD as a baseline. Not much of a technical trader. While every other person on this board was probably a little worried with today's dip, there were a few technical investors who value charts more than I do who weren't worried at all. I'd probably put most of the POTN board moderators as well as SlyGuy8888 and HarryCrumb in the "Unfazed Veterans who give Zero fvcks" bucket.

http://stockcharts.com/h-sc/ui?s=POTN

This chart link result is already an image on this site, but on a 6-month daily view, so you can't see clearly where today's dip was graphically. @.059, we are around .006 below MA50 on a non-news day, so that's pretty much an indication of manipulation plain and simple =) This is why there were a bunch of us scooping up anything below .06 like it was free candy.

For the curious, in the hyperlink is an adjustable MACD chart. Leave "Period" field on DAILY, change the "Range" field to 3MONTHS, then click on the "Update" button. You'll see that for 1week from July 24th which is the end of the last cell on the right-side of the graph and represents August 1st, the MA50 (MovingAverage50day) prediction has us closing just below .070 on August 1st, and was supposed to close today at .065, but we closed at .059 (rounded to nearest thousandth).

We only hit below MA50 once in the past few months, July10th to be specific and that was another manipulation day. If you put 100% faith in MACD, we should be blowing away from MA50 on a price correction to .09 in 2 to 3 weeks.

Stay long and stay strong.