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Re: Thor, God of Thunder post# 20676

Saturday, 02/23/2013 4:47:31 PM

Saturday, February 23, 2013 4:47:31 PM

Post# of 66390
Very easy, this is the weekly chart until the latest black weekly candle, before the long white candle, look at the volume, it has passed from an average of about 10M to over 40M.

Now correlate the volume with the correspondent candle, let's study the latest four weekly candles.

The white candle with the close at .0312 was the first attempt to rebound, but the volume was the same, a little over 10M.

The next candle closed near the low of the previous one, and, the volume increased to almost 20M, it means the stock was not yet ready to rebound, and, still had much sell pressure.

The next week, the stock has broken the low of the white candle, and, made a long red candle, BUT, watch the volume, 47.5M, WOW, almost 5 times the 10M average, this is a volume alert, it means that many people is selling, but, also many people is buying, absorbing the shares sold, however, the sell pressure is still stronger than the buy pressure.

The last black candle went only a little bit lower than the previous candle, and, closed slightly above the low of it, this means STABILITY, the buy pressure is EQUAL to the sell pressure, so if it is equal, next week it will be stronger than it.






Now let's see what happened on the next week, WOW, big explosion to the up side, 200M shares were traded, 20 times the previous average of only 10M.




This information that I am giving here for free, worth millions of dollars, not only for the 30 minutes I took from my Saturday night, but, for the years it took me to learn this the hard way, working 14 hours a day, and, that turned possible to make about $50,000,000 on the stock market during the latest 16 years, I am giving my little secret for free, follow the volume, this is a gift for you guys.

Cheers
Dr Pennystock