PLAYING THE BOUNCE
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Once some of this shaking out stops hopefully we can proceed upward =)
I told all over you, we'd see some bullish action sooner or later this week. Stock is looking good today, as long as people don't dump like crazy we can get a big move here.
Seriously if you sell right now you're an absolute idiot. The stock has already proven to us that is has bottomed (TWICE) and has moved into a slight uptrend. There's pending catalysts, patient shareholders will be rewarded.
Well, I'm playing the chart but the company seems legitimate with a very high probability of generating revenues this or next year. The stock looks cheap right now definitely a good time to accumulate.
150k buy at .018!!!! LOOKING VERY GOOD
Slappy that .018 LETS GET GOING NOW
This stock is an absolute bull. The reversal is in place and has more room to run.
The RSI just crossed 30 indicating the stock has buying volume and room to run.
Stock touched the lower BB and is now bouncing off.
Short Term Catalysts with the Conference Call on August 2, Management may give us some juicy updates.
About 700k shares just sold, helped clear up the .017's a few buys and we hit .018. (That'd be a good sign.)
Take a look at the daily chart, you'll notice the daily trading ranges are getting smaller and smaller each day. Sellers can't drive the price down any further! We're now seeing a doji, there's a large probability for upside here.
And you act as if that's a bad thing? These are penny stocks man, in and out. But anyways, theres some decent buying coming in which is quite evident because we are now green. If we can break that resistance at .018 it'll run.
Showing an ask hit on my L2.
One mil buy just went through at .0171, hmmm?
I still haven't seen any hits below .017. Higher Lows in place.
Yeah man, the ask is getting hit. We're moving up, slowly but surely.
Will see a gap up this morning? Looks like it, the base at .0165 held yesterday. I'm expecting more buyers today now that the stock has bottomed.
The low from yesterday held and now we are seeing acting above .017, I'm anticipating a bounce some time this week. A lot of volume at these levels.
Regardless of what all of you say the stock did test yesterday low and it held. The stock then moved up to .017's (yesterday's trading channel). Support held twice, I see more upside.
LMAO you were right, but it doesn't matter to me I still profited. Nevertheless, you still sit on a board and bash MYEC to pick up some cheapies because you can't trade anything else lmao.
Check out the 30 Minute 10 Day. Look at today, you'll see a long red candle and huge volume (panic selling). Then you'll see the stock touched 30 RSI at .017 then moved up. You'll also see decent volume coming into the following green candles coupled with an MACD cross. Look for a retrace today.
Continuing to see heavy buying in the low .018's Hundreds of thousands of shares. Does that not tell you people something? THERE's OBVIOUSLY A DEMAND AT THESE PRICES. Use it to your advantage. All of you who are short good luck, I know I'll be profiting soon.
You're 100% right, I said I think it will go higher in the "short term." A BREAK of the 200 DAY MA definitely does not warrant a 20% drop.
L2 MEANS EVERYTHING. L2 is the flow of orders it allows you to gauge the supply and demand of the security. If you used L2 you would've saw the large accumulation in the 17's. I'll use that as my backdrop because I think it'll go higher in the short term.
I do not have a crystal ball, I don't know where the stock will be in a few weeks. But, today the stock broke down, found a bottom then moved up slowly. I think we will see a retrace to somewhere near the open and if that happens, the stock is very bullish.
"There's millions of shares in the .018's" LMFAO I only see a few hundred thousand. THATS EASY
HAHA BID and ASK are both in the .018's now. Watch!
L2 is showing some nice buying volume come. Saw a few 100k chunks. If we can trade in the .018's and hold there then things are looking good.
I've been watching this stock for quite some time, I've also profited numerous times. And about them having "MILLIONS" in the .018's is just ridiculous. VNDM and VFIN are already on both sides of the trade. You'll see once we move off this base it will run. IT IS THIN.
Weak hands and Novice traders get shaken up by these MM's pushing the stock lower. This provides us with an opportunity to accumulate some cheapies. I'm not invested in this company but the chart is telling me I can profit here.
What a joke, your watch costs more than my portfolio? You're bashing a penny stock? You must be so wealthy lmfao. The only thing you're right about is that there ARE some hidden shares in the .018's. But a few hundred thousand shares is nothing but a few buys. And most people buying now aren't looking to flip ASAP, everyone is looking for a retrace.
The lower time frame charts are indicative of future price movements. What happens on the hourly will eventually form the daily. If you were a real trader you'd know how to use different time frames. Regardless, it COULD dip further tomorrow. But as of now I'm seeing 1.8M in support in the .017's so I'm not really worried. The ask is ridiculously thin any catalyst could propel us much higher.
I'm in the same boat, chart is way oversold and I'm already seeing a bullish harami form on the hourly. Let's get that retrace.
You'd have to be stupid to sell at these points. The name of the game is buy low sell high, today provides you with the opportunity to pick up shares of a legit penny stock. Stock is way oversold and we are already seeing signs of life with buys coming in. I'm expecting a retrace to the open.
MYEC, stock is way oversold. First time the stock touched an RSI of 30 on the daily. I'm seeing a bullish harami on the hourly chart. I think we have bottomed out here, the ask is thin once we get some buys expect a nice move higher.
Yeah, he should just move up his bid and make this easier for everyone ! IT WILL HAPPEN THOUGH. It's just a matter of time, we were in the teens not too long ago.
You guys see the 27 Mil on the ask? The 20 Mil from Etrade is just someone posting those shares to give an appearance of resistance. There's really only 7 Mil on the ask. Once we clear out these shares FOGC will pop!
Liking this slow and easy move upward with a growing bid and shrinking ask. News comes and we breakout to the teens.
I couldn't agree anymore.
Here's some words for the CEO from the June 30th Release
"He explains, "I want everyone to know that shareholder value is very important to me, and I will do whatever I can to increase the value of this company for its shareholders to the level it really should be."
Overall the company is focusing on its strategy for the next twelve months in all areas of the business, not just the marketing and release of new products, but the reduction of shares resulting from past dilution and whatever else it takes to help Manzo Pharmaceuticals provide shareholder value, while bringing much needed remedies and treatments to the people who need them."
Management has been active and will continue to be. We have a gem here
Yeah, Real company. Real products. Oversold Chart. Perfect Formula for juicy profits $$$$
The Stock is way oversold but you can see that buying is coming back into the stock. The ask has been thinning out over the days while the bid grew. Once we break .0006 the stock will move big, wait for some news and you'll have your day.
Regardless of what all the bashers say, the chart is way too oversold. Take a look at L2 and you'll see all the buys coming in the ask is getting thinner day by day. It's only a matter of the time before this busts. When we break 3 we will see the teens.