Forwardly Inc (FORW)

[nilremerlin]

Well dogsters, as I wrote before, the transiting Moon (public) is neutral to the DA (trading environment) on Wednesday, the 16th. In addition, it's a New Moon, and it is void-of-course from 7:02am EST 'til 5:32pm EST.
During a void-of-course Moon, there are typically delays and foul-ups experienced, during which time it would be terrible to introduce a news release, and there's no lunar trigger for news on Wednesday anyhow, so I don't see a news release happening until Thursday and/or Friday, when lunar triggers for news are strongly in place, among other factors.

GRDO trading is likely to be slow Wednesday, and in anticipation of news and strong support on Thursday and Friday, MMs are likely to try to shake out weak hands by taking out stop loss orders, etc., in order to accumulate shares for their inventory, Price is likely to dip on lower volume, but the closing price is likely to be close to even, and most likely just a little below even, IMHO. Wednesday is the "ka-" part of the ka-BOOM trading that will transpire in the next 3 days, and obviously Thursday and Friday are the BOOM part.

If you don't want to lose your shares before the BOOM, I suggest removing any stop-loss you may have placed on them.

The New Moon in general is the time when farmers plant their seeds for new crops, to guarantee the best sprouting results due to light increasing afterward. Similarly, in the market, it's the time when new stock positions are "planted" for maximal growth as there is sector rotation at this point. The sector being introduced at this time of year includes businesses that offer "protection and safety", so GRDO fits in well here and should prosper with the sector.

I don't have a link to the chart for Wednesday since it's pretty much non-eventful. To see the chart pictures for Thursday and Friday, click on the post that I'm replying to.
Best of trading good luck to all

nilremerlin