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Hello Lowtrade

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Coolman138 Member Profile
 
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Coolman138   Saturday, 05/12/12 02:07:06 AM
Re: None
Post # of 43493 
Hello Lowtrade

Thank you very much for reply. uptill now, this is most dificult part for me to catgorize, which pattern is in formation. i hope, I will get better at it with your guidance, practice and experience.

Now UNQT



It seems to be making 3 spikes of more than 100 mil in 2 months time. there is price drop if we see 6 months chart. and there is PR of acquiring a company for unspecified numbers of restricted shares and cash. I was reading somewhere that in pennyland restriction on shares means not much, as mostly shares are allocated under 504, and those can be sold any time. If I am understanding it correct?

comming back to UNQT chart, MA seems to be in right postion, support indicators stoch RSI and CMF are positive.

I drew many lines to delineate chart pattern but failed to reach any conclusion, which pattern it will fit into?

comming to otc game, all the elements seems just right for a run.
is it?

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