Feeding village children in Mindanao Philippines and watching my boy and girl grow up.
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$cydy is hugging the middle Bollinger band beautifully on the correction. Each day that goes by is another day that the 50 day sma inches up closer to the 200 day sma. We may have a "Golden Cross" within a couple of weeks.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p91229630300&a=1223550895&listNum=1
Back above the 200 day sma. Watching for a new recovery high.
https://stockcharts.com/h-sc/ui?s=HNRC&p=D&yr=1&mn=3&dy=10&id=p76139773845&a=1141859596&listNum=1
Third wave is supposed to be the strongest so wave 1 was .25 to $1.30 that is 600%. If wave 3 started at .73 then 2.15 would only be a 300% move. The previous top is 2.54 so I would see a problem there if RSI is over bought.
Had an order to buy 10k at .73 yesterday (middle bb) but only got 1k filled. Today the middle is .77.
.65
2nd leg can last awhile. I am accumulating here to the 200 day sma
I admire your tenacity. I find it more fruitful to wait until there is a category 1 or 2 hurricane, go outside and feel the wind in my face before relieving myself.
$cydy is near the middle Bollinger band at .72. I had buy orders in at .74 and .75 but missed it. The RSI has relieved the over bought conditioning is now neutral. Below the middle bb is the 200 day sma.
Comparing this move to 2019/2020 the first correction was from 1.66 to .80 or 50%. That would equate to a correction to .65 from .1.30.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p91229630300&a=1223550895&listNum=1
Gltal
Now you see why I lightened up at .50. This stock has a pattern
Yes. In fact there were 5 waves up and 5 waves down
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=3&mn=3&dy=10&id=p30710054605&a=1223382617&listNum=1
I grabbed another 11k here at the 10 day sma. If it breaks I will add more at the middle bb .71.
I don't pretend to have a crystal ball. I have been extremely pleasantly surprised by the strength of this relentless move. I have been waiting for a correction but it thus far not come.the 10 day sma has provided support on this move so I will add there.
Something appears to be on the horizon. As time goes by with no news the impatient day traders who hopped on when they saw what other TA followers saw, may exit. That is when I will add. Low volume sell offs are welcome.
There are several monthly moving averages that converge in the 1.25 area is a resistance area. Above that 1.65.
Long time no see. You still around?
It took me many years to learn that the most important thing is how the market reacts to news. $CYDY did not react negatively to the 8k. It was the perfect opportunity for shorters/sellers to knock it down but it did not happen.
The difference between a bull market and bear market is: in a bear market stocks do not go up on good news and in a bull market stocks do not go down on bad news. $CYDY is in a bull market.
In TA it is patterns that matter. Support and resistance levels, m9ving averages and volume.
The pattern is the same. The bottom came at support low on 2019 and the breakout is the same. Whether it is strong on Thursday and Friday does not concern me.
https://stockcharts.com/h-sc/ui?s=CYDY&p=W&yr=3&mn=3&dy=10&id=p84571316990&a=1211657511&listNum=1
I am using December 2019 as my guide. It ran from .20s to 1.64 before correcting back to .80s. The 2nd leg ran to $3.50 and corrected to $2.00. The 5th wave/3rd leg went to $10.00.
This chart looks like a W ordouble bottom in which case $10.00 should be taken out.
Welcome to the board. I have been invested in cydy for a number of years. I shed shares in 2020 as the pps slipped but I am reinvesting now. I was initially guided to this stock by a doctor who also posts here (Misiu) Who has first hand experience with the miraculous treatment leronlimab is against Covid.
It appears that something is going on with the company now as volume comes in pps goes up and no news. With over 40 years working on Wall Street this is what I like to see.
Imho
Gl
Very orderly, low volume, digestive day to reset the overbought RSI The middle BB is now above the 200 day sma. Bullish.
The 10 day sma has acted as support on this run. The 10 day sma should be near $1.00 on Monday.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=1&mn=3&dy=10&id=p03774627117&a=1214356459&listNum=1
I agree
I ignore such comments. It is like trash talk on the court or grid iron. The game is still ongoing and they have scored and we have scored but we have possession of the ball.
I find it interesting that if one had short cydy a year ago you would now be up only .30 and that I believe will turn to a loss very soon.
I added 2k today at .925 but still only have 23% of my original position 2019.
CRazy crazy buying pressure. Each micro selling is gobbled up. The December 2019 run went to 1.50 before correcting back to the weekly middle bb at .80 b4 the next leg up.
I sold in 2020 when the chart broke down. Back in but have been waiting for a correction to add but it just won't come. Above the 50 week sma and ema now.
https://stockcharts.com/h-sc/ui?s=CYDY&p=W&yr=4&mn=3&dy=10&id=p13117238201&a=1183058109&listNum=1
Lucky you. Good timing imho.
Welcome.
Interesting choice of words "pump". I have always thought of pump as meaning paid PR rags that put out fluff pieces.
I believe there is something going on behind the scenes. I dk what but the action of the pps tells me it is big.
By the definition of manipulation "to manage successfully" I would say all stocks are manipulated by money. In fact technical analysis is a tool used to see which direction a stock is being manipulated
This stock is not acting like a chapter 11 company more like a BO candidate. I hoped for weakness on the delay q news but no.
$cydy first time abive 50 week sma since March 2021 pic.twitter.com/sUsC20c824
— Friar Tuck (@tomyarborough) August 1, 2022
They have been diluting in small quantities but still only 30 million shares OS. It has been about 3 million a quarter. I can live with that.
The buying support is impressive. The 200 day sma is at .67 and tge 10 day sma will cross above it monday adding more support at that level.
With the RSI at 80 I have been waiting for a reset to add bur I may not get it where I want to buy it.
I used the weekly middle bollinger band as a guide in 2020 and I will do the same on this bull run.
https://stockcharts.com/h-sc/ui?s=CYDY&p=W&yr=3&mn=3&dy=10&id=p32736203689&a=1183918773&listNum=1
I think we will know soon. I am very pleasantly surprised at the ability for the pps to stay up despite no news. Usually if it runs and no news comes it will fade. But despite efforts of sellers to bring it back down it is holding up.
.795 was the high on the March run. I would like to see a high above .80 on this run to change the dynamics of the chart from "lower highs" to "higher highs".
Well, I must say that I did sell 95% of my stock position months ago when the chart broke down and have only started to accumulate these last 2 weeks.
I have no clue what is driving the pps but I learned years ago to pay attention to the chart firsr.
I only comment on charts I do not speculate on why.
RSI is over bought but it is a perfect rounded bottom. Support is at .52 but the run in December 2019 went to $1.25 before any correction. The 200 day sma is .68 but if it breaks it on a pullback I would not be disheartened. But if it holds it would be a massive sign of strength.
https://stockcharts.com/h-sc/ui?s=CYDY&p=D&yr=1&mn=3&dy=10&id=p03774627117&a=1214356459&listNum=1
If I have only 100k shares at $50 I can live with that.
I had 250k.
30 million shares outstanding. Market cap $15 mill.
Does Leronlimab work or not?
That is all I care about.
When a ship gets a new captain the old captain can not sink the ship.
I will be patient and add when support levels are hit. An orderly low volume correction sideways to lower would be ideal low 50's is ideal for me to add.