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Volume on Green days
9/07/2018 --- 2.1 Million
9/10/2018 --- 2.5 Million
Volume on Red Day
9/11/2018 --- .83 Million
I expect tomorrow to be a Green day with 1-1.5 million Volume and to finish the day .0281 - .0286 range
The range so far on the weekly chart.
Low ---- High
.0135 - .0899
.0189 - .0630
.0202 - .0549
.0244 - X IMO X will be (.0480 - .051)
With 600k on the bid at .025 and the pitiful bear volume I believe is safe to assume that .0244 has solidified at as our new Higher Low. I expect the push to a new lower high of .048-.051 expected arrival by 9/26/2018. My personal target of exit is .049 for a nice 58% gain from my .031 average. When we reach that new target range I will watch to see if break previous higher low of .0549, if we do then I will try to get back in since we will go straight for .063 next. Will revaluate when we around that range. Good luck to everyone.
Hey we spoke a bit yesterday. Just checked back in and seeing 600k on bid at .025, I think its safe to assume that the higher low is solidified at .0244. If you try to get in I would try to set some bids in at .0251-.0255
Good luck
Been here before the salami hype. SIPC has just been a good swing trade since January 2017 and I think we hit another bottom so prob just slowly climbs back up to the high 4s low 5s range, easy 80%-100%. Was just curious about what you were thinking since I've noticed you actually trade a bit. Good luck to ya whenever you buy back in.
Okay cool. Average of .031 for me miss timed the higher low on the weekly chart. Sticking around because higher low has now been set at .0244 so now we will prob set a lower high around .048-.051 and keep closing the range until November where personally, I think we will break upwards.
The range so far on the weekly chart.
Low ---- High
.0135 - .0899
.0189 - .0630
.0202 - .0549
.0244 - X IMO X will be (.0480 - .051)
Like I said I missed time the Last Higher Low and jumped in at .031 instead of closer to .0244 but the weekly chart will go back up to keep the clear trend (looks like we already reversing upwards for the higher low, been green the last 2 trading day with an increase in volume). Also the spike up today was to close a gap @ .0392 on the daily chart.
What are your thoughts?
pls don't tell me you sold low and took the loss.
6 million shares yesterday and 1.7 million shares today, people don't realize that all the weak hands and flippers that wanted to sell have mostly sold by now, there is nobody else. If you didn't get shaken out by that last flush today you won't be shaken out when we are about to turn green. There is nothing left down here, the price will start creeping up now on any little volume.
Will bounce back but probably stay around today's open of .045. Basically making it look like we traded sideways for 2 days then start a new run Wednesday since September is a big month for hemp bill and nobody wants to miss out.
AMFE Weekly MACD crossed today and volume starting to pick up!! Get ready for a couple of weeks/months of stair stepping upwards! I believe we go back to all-time high by mid-October.
Lol sold at .052 actually loading up down here for another leg up. Who would sell at .0361? Oh the person who sold into my bid I guess. People panic sell and wonder why the stock moves up after they sell.
Textbook flush followed by V shape recovery. Shows the strength of SIPC, now we just stair stepping back to daily high with shares now in stronger hands.
Gap filled got another 29k at .0439
SIPC Bid just absorbed 600k shares, now that is strength. Setting up bids at .0439 for a gap that is trying to fill then I expect V shape recovery for the rip.
That didn't last long
400k showing on bid who knows how much is being hidden. SIPC will run next week for sure. Large alcohol brands stalking around ready to buy up companies with potential. They know they running out of time and rather buy up formulas that work and rebrand them than start from scratch and we know SIPC has formulas that work. Heck its already being used by other brewers and that gets the big boys attention.
"Your formula good enough that other people rather buy from you than make your own?? alright, let's buy you out so nobody else can get a hold of it other than through us."
I can't give a specific number but way higher than what it is today. Let me put it this way Constellation Brands, Inc just invested BILLIONS into Canada weed market and they have a market cap of 39 billion. Diageo plc is now circling for an investment and they are worth 91 Billion!!! Clearly the big boys know that CBD/Hemp beer are going to be a huge hit and guess who is the only publicly traded Hemp/CBD beer in USA?? That's right SIPC AND they are already tide to Constellation Brands through The Church Street Brewing Company. If constellation were to just even speak our way SICP would be in the dollar range easily.
CANB has tripled my money and VATE and SIPC WILL triple it next week. They have some catching up to do.
CANB has tripled my money can't wait for Vate and SIPC to do the same next week. THey need to catch up.
ASMC is being squeezed!!!! Dont let up they alone will take this so much higher!!
I can see a quick flush tomorrow in the morning with V shape recovery base on the fact that today's Level 2 showed ASCM panicking to cover shares. I believe they are very exposed in their short position and while they may scare some people into selling in the morning they will absorb most of those shares. They won't be able to absorb all the shares because there are plenty of people on the sidelines waiting for a dip and with such a low float ASCM has to fight for them if they want to cover. After the initial flush ASCM will STILL need shares and the people on the sidelines will force them to buy higher which will increase the price rapidly and cause major FOMO.
TLDR; ASCM will scare weak hands, weak hands will sell, not enough shares being sold on the dip to satisfy demand from ASCM & people on the sideline (because of tiny float). This will cause FOMO and we back in the green.
Similar product and similar run-up symptoms
ASCM is attacking teh Bid trying to scare people into panic selling. They are super desperate, keep attacking their ask and force them to cover. They are so overexposed they could squeeze this to 7 EoD last 10 minutes.
ASCM AT .554 on the bid, lets squeeze em!!
Silver baby lets gooooooooooooo!!!!
If power our can smack ASCM's Ask in the mouth they will be pushed out and try to cover end of day imo. Don't think they want to have that large of a short position opened overnight. The word of CANB will spread and they would hate see another 50% day tomorrow. Remember folks the float is small don't let them off easily.
ASCM is now at .0485 on the BID they keep moving bid up they want to cover!! Squeeze them out.
ASCM is trying to cover!!! They moved their bid from .028 all the way up to .0465 right now. DO NOT LET THEM GET OFF THE HOOK. They know if they dont cover soon this will be an expensive power hour.
Daily RSI is getting a bit warm entering 80 so I think we may pull back a bit but it will be brief. Every dip keeps being bought up since float is tight. Hard to enter with size.
Imagine both Hemp and New Jersey legalizing couple days apart.
New Jersey could legalize recreational marijuana by end of September
This will be interesting
Din't drop far enough for it to hit my order before it bounced, congrats to the people who bought the dip. New higher low was placed in today at .2511 which is fantastic, expecting the stock to try and break .30 again, if it succeeds this time will buy back in! Keeping a close watch this week.
I said i would re-enter if it climbed past .30, the push failed but imo the price is being punished a bit too much because of the fail breakout. Will buy back in heavily if price drops a bit further. Keeping a close watch.
Tomorrow will be an interesting day
Uhhh we closed at the High of the day with 500k being traded last 5 min. How is that profit taking?
Called it. Now all we need is to cross and stay over .0318 and we see .041-.045 really quick.
A perfect example of a Bullish Harami pattern was formed today. This indicated that there is a reversal in the trend and the bear market is coming to an end.