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.
We will stay right around 66-68 at EOD. The chart technicals need to catch up before we hit the next leg :)
According to the charts, passing .008 could yield the same effect. It's the last true major candle point on the 3 year chart (excluding the highs that hit .009 and touched .01).
.01 is a psychological barrier that, if broken, will yield a true blue sky breakout. I loaded more here today and I will be eagerly watching for 8k news :)
The L2 is only thin because the MMs make it thin. Make no mistake, they will drop asks in on the way to .0069. If the volume and buying remains at this level, we will slowly climb back to a .0065 close. If there's a flourish of buying EOD, we can easily close above it. If there remains indecision, we will close around .006.
Regardless, we are in a great position for the next leg. The chart is resetting itself for the next run and anything can spark it - technicals, news, 8-k, etc. GLTA
I want some sub 6s :(
I was in and out for roughly 18% gain this morning. I have this stock on watch and once there's a noticeable correction (read: consolidation), I will re-enter. My personal opinion is that it's a bit overextended atm but you may still see .015 today. Regardless, congrats to all!
I'm hoping for one more shake so that I can load up! I just freed up cash :)
An early sell off - let's see what happens from here...
Relax. Let's hit a penny first and then we can talk about multi-pennies. It's not that I don't like your optimism, but I know several companies just like this that trade FAR under $1 and will for a very long time. If you would like a benchmark to use, check out SRSR's history (including when they filed their report)
That last shake was MMs sparking a sell off from stop losses. Those who pinned their trailing limits to the SMA 20 just got hosed and we will now head higher. SMA 20 will be a slight resistance but once we're through it, it becomes support again. This was nothing more than capitulation and triggering stop losses IMO.
Here comes the third bounce past .007 :)
Great to see you here Penny. This came up in my scans and I think .03 is a great price point for where this stock can travel on news, etc. .06 is easily achievable and who knows after that? GLTA
Based on my earlier profit taking, I'm riding 200k shares and my risk puts my PPS at .0032. I hope we do see .01 today, but I think it will be tomorrow at the earliest.
As long as we hold .006 (and .0062 is SMA 20 so that would be great to hold as well), the chart is in great shape.
Based on the way that this stock is currently trading, I would like to see a constant, controlled move. Explosive moves are great, but are met with equally explosive downtrends and selloffs. If we continue to rise and consolidate, it's better for the mid-term effect on the stock.
We're going to see a controlled run to .01 because of the upper bollie. In the interest of not overextending beyond it, the PPS needs to keep consolidating hourly in order to keep the upper bollie rising. Based on my calculations, we're looking at an .01 break by tomorrow. I would guess that we finish .008 EOD with a high around .0085.
Do you see a rising wedge in the intraday chart? I think we might see another selloff in the afternoon but it will be gobbled up easily.
I love the strength here. We will hit .26 very very soon.
I sold 44% of my position to decrease my risk here but I'm still holding a sizable amount for .01+ :)
Clay, big volume and price day for GDSM. Any chart updates needed? Break .005 and .006 and we're headed to a penny, correct?
GDSM strong uptrend and solid DD. Break .005 and this takes off quick imo.
Didn't SRS* begin above .01? It would be nice to hit that platform - I'll be riding free shares at that point!
Save powder to smack the 45s when it comes up...that's a huge wall to break!
The 10-K and subsequent news would have to be otherworldly imo for it to approach $2. I think we could begin approaching $1 by mid summer but this stock was trading at $2 on 7M O/S. Now that we have an 87M O/S (maybe soon to be 100M), we endure a small share price if nothing else changes! Now we know that things are changing and I'm excited for that, but the company needs to turn their books around before we see a push that enormous. JMO.
March is a huge month for this company. Spyder (I hope!), 10-K, etc. Mix in some 8ks and anything is possible. I will temper my expectations until then and simply ride the wave to .26...
I don't care either way - I'm in this for the long haul. I got burned when attempting to flip earlier this week and had to buy in bigger. Unless I see an area where it's crystal clear that I can flip and lock in some more shares (profit), I'm riding this north as high as it will go.
Referring back to Wednesday's close/Thursday's open, do you see something similar happening on Monday morning? The patterns are almost identical and the chart reset today could yield a touch of .20 on Monday morning, followed by consolidation for most of the day. Agree/disagree?
We will close at .165 EOM
If this closes under the EMA 20 and above the lower bollinger, we will gap on Monday morning and I would expect a 20-30% move from the gap point. The consolidation has been extended and we will not see a final push to .18 today, but we will definitely see it shattered on Monday. From there, .26 will arrive by EOW.
If we don't see the run during power hour, it's for sure happening at the opening bell on Monday. I wouldn't be caught without shares!
Based on what? We've been sitting above EMA 20 all day, busted through upper bollie once, never touched a notable support line and the bollies are pinching again. This is screaming for a move in the next 15 minutes. We will see your "selloff" after the move - and by "selloff", I mean consolidation for Monday.
IMO, we will see the move in the next 15 minutes. .185 is my conservative estimate; .1975 is my hopeful estimate. Then we will see slight consolidation before EOD and we will remain above .18.
I would expect a less severe move, so I will say .185 is a good area with a small pullback to .18. JMO ofc.
If we see the same severe move that we did earlier in the day, we could go as high as .1975. I don't think that it's possible today, though. We would need sustained buying starting now and for the next 45 min - 1 hour.
Bollinger bands are beginning to pinch as well. The last time we saw a ran, the bollies were .01 apart before the run exploded through the upper bollie. They currently sit .02 apart (they were 4.5 cents apart earlier today).
I think we see a push past .18 within the next 90 minutes, then a small pullback to .18 EOD
The intraday technicals are pointing toward an explosion EOD. Do you see this as well?
Beautiful consolidation, RSI dipping lower under 70, upper bollie curving upward to give space, williams % consolidating for the next push to overbought zone, etc.
Do you agree? We could smash through .18s today if I'm correct.
you still in on ICTY? I took a position and then a selloff began but I think this merger is going to make this stock explode. You think that it's just flippers getting out before the next leg or dilution?
Break .001 and it becomes support - we will launch to higher levels as the rumor mill circulates!
If ATRN were smart, they would wait until this trades around .25 and then execute the remaining 13M shares to BD. That would pay off the debt completely and then with the Spyder (hopefully) coming out next month (plus 10-K), we could potentially see .40-.50.
NEWN is going to be on radars tonight. Great move today and I expect that we will see an even better move tomorrow! 1.5 should be an easy target considering the massive gap that it could run up and fill. Great find AF, congrats to all!
If we can hold $1 tomorrow morning at the bell, we will probably see a breakout.
While I don't think that this will easily reach a dollar again, based on 10x dilution to pay off debt, I do think that .26 is a near-term probability. A key part of what's happening here IS the rise because at the end of this rise, you will probably see the company convert the last 14M of their A/S to pay off the rest of the debt. 14M shares @ .25 is $3.5M and that coincides very well with the remaining debt that must be paid off. So on that note, you'll probably see .26 sooner, rather than later. After that, it's all dependent on the company's filings. If they show increased revs and profits (no kazaa weighing them down), I'll be on board with the discussion of .5, .75 and a dollar per share. But a dollar per share @ 100M O/S means a 100M market value - the company will have to show tremendous results to get to that valuation IMO.
With that being said, if this went to a dollar, I would be very happy regardless :)
I'm kicking myself for trying to flip at the end of the consolidation period. I've still made quite a bundle on this stock, but I could be sitting a ton more shares and enjoying the ride up even more. Congrats to all those that stayed patient through the consolidation phase. I believe now is the large leg up past .20 that we've been looking for. GLTA
Let's start knocking down the 3s!
Based on the heavy accumulation right now, we could see a move anytime. 500mil traded this week, 400mil @ 3. That's huge cash imo.