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hey CJ, so, I started trading UOIP I believe sometime in 2014-2015, it's been so long that I don't remember now. The way I got into it was somewhere on the twittersphere I saw someone mention it and some kind of potential patent play. So first thing I did was look at the chart.....with charts, I look for accum or some kind of bottoming process and low risk/high reward scenario. All this is done by simply looking at the chart. So I saw that uoip had some fundamentals, I saw the chart, I loved what I saw and so I bought at 0.0001. I set my buy and let it continue to accum. The 3rd reason I bought was because UOIP was skull and crossbones. I loved that, I look for plays that are out of favor. This is how I buy all stocks, strictly on technicals, because lets face it, majority lose, always!! How else can you gain an edge? I found it this way. News is always cooked, and institutions are the best to follow, not retail. So ya, with all my buy and sells, I use the chart. Now, for UOIP, it's a little different. In the beginning, when uoip started to climb, I needed to lock in some profits, so I did. Sure enough it retraced and pullbacked. But what uoip did, was continue, and so I bought more near bottom of pullback. Now what I had was a stock, not only out of favor, but an uptrend had started. These are explosive stocks. Am I going to sell now?? No, I am now hoping UOIP is close to resolution and we get a settlement/buyout. My fear is, it continues to trade with continuation of the process. I DON'T trust processes. So, all I have been using the chart for now is to help ppl accum at certain points, at good prices and you can most certainly do that really well with TA, just check my posts. Hope that helps
alrighty, here we go, WAG, scruff dawg, put me down for 0.96.
hey guys, I will try and answer posts in a bit asap when I can
Agreed, I don't get this Comm thing, something up. But I do like the comm angle you're taking
So crazy, it's like you read my mind. I just saw scruffers wag post just now and thought the same thing! Lol
Love your stuff TJ. Well I thought about it, and I'm hoping for a lot more, but I am not good at fundamentals, and wouldn't even try to figure it out based on past infringement etc. My guesstimate is based solely on technicals and I know this doesn't matter in the end price for this ticker, but if uoip is going to continue to trade, based on my patterns and Fibonacci ratios, resistance price action etc, the 24 cent area is where I would be looking to get out. This is why I want the case to be over and settled and not have to rely on trading it. I may revise, but really at this point it's anybody's guess and so only thing that has treated me well and quite accurately are technicals for entry and exit.
Since Feb, uoip has not had a close above 1.5 cents. Close above, floodgates
I know we have a controlled consolidation that happened. The chart is so specific it's beautiful
I hope I helped some of you buy back on retest of 1.3 cents. But looks like those shares reserved for broker/mm frds
Unfortunately, will have to wait till days end, and I will update buy strategy. If it ends at 2 cents, this will be a fun ride guys
This is controlled
I would agree usually, but I don't believe so in this case, uoip currently has been trading in such a perfect pattern, I don't think these were fat fingers
Nope. These are all broker manipulated
Nope, trust the chart, it's the interpretation that can be wrong. However day is not done
Lol eh
It's intraday trading.
Damn eh, quick fade. Intraday, let's see
As we get higher, more ppl will want to unload. Near resistances, "dumb money" decides to come back in and buy at the wrong times and volume sort of peaks and you have the price pullback. I'd like to see high volumes again near previous high of 6 cents, we should expect it there and then another pullback. This is still early
Not a glitch, been coming.
What I want to see tho is low volume as it starts it's climb
This platform for me on my mobile is so hard to upload pics, otherwise I would've in stepwise fashion illustrated what I have been following for so long. Case is progressing, go uoip
Yes, it just had to consolidate, and it coiled for several months and now is unwinding.
That's called a 5pt consolidation continuation triangle breakout
It's just the chart setup guys, like I said
the price gapped up on open today and i'm looking at price action,i have been for awhile..i think we get pattern resolution very soon. Missing 1 more piece, continuation of price
today was very significant, technically speaking.
That's exactly what is going to happen if it's not taken off the trading block
Thx T, uoip killing them
Last call for alcohol.....or at 1.3 cents ladies and gentlemen lol
Ya, this is a big boys game. Chart reading has given me a slight edge. I don't care but about news announcements etc
100 percent
always has been corrupt, govt agency. The stock game isn't for regular mom and pop traders, they get slaughtered.
Volume increase right on pullback support 1.3 cents
Comm was done MAY 2018, double top reversal pattern. I suspect some UOIP damages are already caked in, maybe not everything. No bottom reversal in COMM has been confirmed and so it will continue to make lower lows until there is one. For now, COMM may consolidate a bit and may still see around 22.00.
Big boys come in after breakout events and gobble shares up back at retest support
it was a bit of sarcasm yes lol....but I would say fluke on calling the numbers to the exact 100 of penny. One can never get it perfectly, you try your best with the chart info you have. But we as longsand buyers defend this area, will be huge
Jump off point here. It was completely fluke that I knew uoip was possibly gonnaa get sold down to 001, then pop off possibly touching 03, then possibly getting bought back up and retest 013
Great classic description on why a chart pattern forms. Exactly what will happen near 20 cents and all the psychological factors that come into play
Hey rbd, I meant that maybe soon, mid July that we will see some big price movements, but didn't mean settlement
100%, need charts for that
sorry mmj that wasn't meant for you, just a public post
anyways, gluck to all, I know what i'm doing with my buy orders, just trying to help. It wasn't a fat finger event or mistake
we should have full resolution somewhere mid july, I hope sooner
That was breakout, now we see a move back where buyers will step in near 1-1.3 cents