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Sorry I am at work so I dont have time to cite some sources and explain it better- plus I am no expert on gaps... generally speaking gaps will ALWAYS fill (More common on higher market cap companies) even if it is years later! When you have a break out, like we are talking about here, forming a support is key. Especially a strong support that stays well above the gap. Generally speaking gaps will eventually fill though. Sorry for the short definition.. I have to get back to accounts receivable here at work!
I hope not- Gaps always fill.
Does the ask have any relevance in after hours on the OTC? I know there are no t trades on OTC but the ask is at .105x5000 right now. I am just trying to figure where my bid has to be at tomorrow morning to add to my position and the ask is throwing me off? Even if this thing does gap which it really does not have a history of doing, I am convinced it will fill before stepping up. The gravestone doji yesterday, the flag pattern on low volume, the news, and the confirmation candle today all say buy but this ask has me thrown off
Mate can u post a shot of it?
Shareholder discount on the 60" right? :p
I was going to add tomorrow as soon as we broke .8 to initiate the new trend. Now I'm slapping the ask first thing!
Holy freaking crap!! Cheers!! Now to wait on new rev. News at quarters end.
I'm at the gym. It looks like Mexico10 checked the website to confirm? I forget what it said yesterday- did it say reserve or something instead of buy like it does now?
I need to look at the charts in depth tonight but its definitely in the cards for tomorrow.
This things a buy again
It's a quote from dumb and dumber come on now!
Not really right now to be honest but its still nice to see a hold to .3 realistically that wont happen though I would guess
Check them out at .3 on the ask.... THAT is bullish! Wow..
Chart looks great...our consolidation has "consolidated" to what looks like its last day yesterday. A green candle today would be perfect, a green close tomorrow will assure the new trend is in effect. Here it comes...
There's a difference between stop limit and stop on quote. On guarantees execution the other guarantees price. So that's not entirely true. You just might experience a little slippage
I've gotta be honest, for the first time I am relying on the actual company to pull through for me and not the chart. Judging by the chart I would have not bought around right now but being this close to the end of the quarter and the faith I have in this company... I bought in. I never put trust in anything but the chart when it comes to the pinks, this one just seems to have so much more going for it than a chart. Im holding this one- I even went against everything I have ever learned and took out my stop loss... I am looking for big announcements at quarters end.
I understand what you mean but honestly if you plan to hold for longer than a week or two I think that a fraction of a penny will hardly make a difference. This is an amazing company for a pink and is ready to take off or be bought/merged for big $$$
I know you aren't asking me but no I don't. We need a few more days to tighten the bb. I would have liked to see higher highs on that last trend. If this thing falls below .065-.055 look out. Double spell disaster. Although I would be shocked to see that here. Especially with upcoming events and everyone (who is smart) holding on at least till quarters end. Just my opinions.
I'm fairly new also and of course you have to do your own dd but just to give you some reassurance I have been thrilled the last two months. Read up! It's good.
I wonder if this news will have enough impact to give us the bounce we need to get this thing going again.
That really is a great write up but yeah giving off the pump and dump vibe is really not good. Regardless this company is making amazing headway and I think it truly is a great buy. This recent consolidation pattern should end this week hopefully and take its next leg up.
You're exactly right. You may want to add to that too that the longer the consolidation, indicates a stronger trend which follows.
I agree 100% I just brought up speculation because this is a pink and speculation is huge for the majority of traders in these stocks. My last play ran 350% on speculation alone.
Wow this is awesome stuff. Thanks to both of you. However I'm afraid if we don't hear early this time it may be anticipated as negative. What a reduction in liabilities though! I've never seen that in a quarter!!
When are quarterly results expected?
Thanks. I knew it didn't have much relevance in the OTC but that spread looked so sweet! Too bad. Maybe it will become reality tomorrow but probably too soon
I know there are no t trades on OTC but why is Etrade showing me .075 with a bid at .0723 and my favorite part- an ask at .105!!!?
We can only hope- good luck mate
Hope you're right and I don't mean to bash because this is one of the more stable and reputable otc companies I invested in but if I got a penny every time I heard those things about a penny stock my trading days would be over!! I believe what you're saying though. Just not sure if I'm THAT much of a long. A part of me might be though ;)
Still have my position but glad I didn't double up today like we talked about... Getting closer though!
Looks like we're about to start another week of daily 10% gains. Unless we get big news of course. Does anyone know of a free L2 site I can use at work?
I guess I shouldn't have said hell of a wall but for today at least I would be surprised to close over that with an hour left. We will see. Maybe some sideline players will throw some extra cash in now with the bullish chart after today
Nites got a hell of a wall there at .0825 thanks!
L2 anyone?
I held off yesterday but was really debating picking up some .071's and 2's.. I hit the ask this morning, probably could have got in a little lower but I am confident in a green return here for a week's uptrend. Some news will help us blow that resistance also.
Chart looks extremely bullish for a nice run. Im in.
What do you think about the stochastics and OBV? Not looking favorable? If you have a minute would you mind summing up fibonacci? I never had a good grasp on it. Thanks for your opinion too it has been noted.
What type of pullback are u guys thinking? If any? Before it continues to take off
The girl at the bottom of your message made reading the whole comment so worthwhile. The idea of add a little and see sounds pretty good.. Appreciate the advice.
I appreciate the opinion.. I am already a shareholder here.. small but long and looking to double down in these low numbers. You could be right but so far the PRs (most at least..not ALL) have not been substantial enough to really make this move. Not saying they arent coming, but I think I will take the risk and wait. At the very least I wont be chasing because I am already in! I think even .002 would be great entry, .0015 would be a GIFT! goodluck!