Charting
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Don't know anything about RNVA other than-the SS..and it hit my scanner and the Chart, well any chartists here are seeing the same thing I am seeing...
Can anyone fill me in on the DD History real quick?
Rules for MMs went into effect regarding short-selling..Seems to me like Hedgy's or some entity filled the Vacuum the MMs left behind and had this "Shortathon" but it definitely will not last for the OTCs that are the Real Deal, the Pink scams are toast, but not the Real companies like MJLB & numerous others...IMO
There are so many stocks I see that have the same exact chart laid out from early Feb til now, it was a Market-wide Run-up in early Feb. to a Market-wide short now...
I have found so many Pincher Plays bcuz of this fast takedown it's crazy, if I had multi-millions right now, I would buy every Pincher I have found that is a Real Deal company...
Marketwide-Shortathon has been going on for weeks now..Mother of all Shakes...
Gotta look @the Big Picture..not the everyday craziness, that will drive one nuts...
Think-or-Swim chart below showing Pincher play;
You can see the PPO-ADX Pinching better on this chart than the Stockcharts chart, the classic Pincher is PPO/ADX +20/-40 with oversold RSI/Williams...
BUT those numbers do NOT always have to be reached-Exactly for a massive bounce play to occur, they can be Very Close and still see the effect of the Pinch, seen it happen countless times...
Double click chart to enlarge;
Who says sell??GSharp cust play isa Buy...
I'm here more to see Lanham get-roasted than anything...lol
Check out this lmao, GSharp is definitely gonna find fraud hidden in this one, read this from Lanham just several weeks ago on his latest scamorama quote; "Lanham (who described himself as a “recovering attorney")...
WTF is a "RECOVERING ATTORNEY"?? LMAO Rehab Attorney?
I've had dealings with this scammer before...
https://techcrunch.com/2021/02/26/road-runner-media/
What pump? File for cust?? lol
With Randall Lanham as CEO GS will definitely find Skels-n-the-Closet...
Won't change anything...
Bet he's a multi-Bill by the end of the week...lol
Just 5 trading days ago MJLB was in-the$$.10s........Manipulation...
Oversold with PPO/ADX Starting to PINCH..Pincher-Play forming...
EXACTLY!!!For shorts to cover, they need SELLERS, no sellers means Kaboomage in share price to get sellers...
HOLD TIGHT FOLKS...
Selling's drying-up..this is a good-sign..Sellers/shorts are running out of shares to sell, next news cycle will most likely be about certification and/or more contracts/clients and will see a Massive Bounce...IMO
MJLB is way oversold and a Pincher is forming on the daily chart...
Sure hope this gets a New CEO??..Randall Lanham's a Crooked attorney...
According to this article, link below, MJLBs J1939 ELD is the Best of the Best; https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160361487
Most stocks trade in "Channels" MJLB is at the Bottom of the current channel, soon the sellers will be out of shares, the shorts will have exhausted the shares they can short, the company will announce Certification and the many deals they have been signing, and MJLB Stock will see the shorts cover, Investors Buying and MJLB will see it's next round of NEW 52 wk Highs (the top of the Channel)...
Ditto that...
If you Re-read my post, I said a "Pincher Play" IS FORMING, now how long have been been studying charts? I've been a chartist for close to 25 years, and one thing I have found 100% for sure, is that it is NOT an exact science, sometimes parameters don't always line up exactly...
Here is a great example, back in Dec. 2013 & Jan. 2014 the stock DEWM had formed a Pincher, the PPO & ADX were Pinching, BUT the RSI was in the upper 40s, so "Technically" it was not your cut & dry Pincher Play. I bet on it anyways and loaded (if I remember correct) approx 12-15Mil shares between .0005-.0008 and held it, the PPO & ADX remained Pinched for approx 3-4 weeks.
Then in early Feb. the company announced that they had paid off ALL their convertible Debt. suddenly the stock Roared. Over the next week or so, it ran from the Trips to the Mid .03s and I sold most of my shares between .01 and .033
MJLB is FORMING a Pincher and I know this stock is going to see a Massive bounce, but make your own decisions, I am not an Investment advisor...
I suggest doing some-research on-the "Pincher Play" pattern...
Email them and ask, I cannot speak for them, I'm not involved with MJLB, just a shareholder.
Look that the "Williams"(chart-below) Bottomed out..the RSI is not the only indicator that shows Overbought/Oversold.
There's also a Pincher Play forming, if you don't know what a Pincher play is I suggest doing some research, one of the most reliable charts patterns in existence.
Oversold and yet the Accumulation and CMF are still the same, Cash Flowing into the stock, shareholders holding, this is a clear sign of Manipulation & short selling...
Double click chart to enlarge;
Steve Marsbergen replied to an email from a Trader I know when he asked them why they have not released the names of the Two High-end Rental companies they have Contracts with.
In his reply Steve told him that back in Dec/Jan after they released PRs about contracts/partnerships with Telus, Iridium, Kore wireless and others, these companies that MJLB announced deals with, started getting "Tons of Phone calls from Investors" trying to get information.
From the email Steve hinted that people were trying to get/asking for, confidential information, and these companies were getting so many phone calls that it almost Jeopardized (they almost lost some contracts), the contracts/partnerships they had worked so hard to get. So now they are not releasing names of companies until after certification and roll-out, so that this does not happen again...
Agreed...Short & Distort before the Rocket fuse is lit...
MJLBs Main Competitor Buyout news link; https://finance.yahoo.com/news/orbcomm-acquired-gi-partners-1-130814810.html
Orbcomm To Be Acquired By GI Partners For $1.1B; Shares Pop 52%
April 9, 2021·2 min read
Shares of Orbcomm Inc. jumped 52% on April 8 after the mobile network provider inked a deal with GI Partners, a US-based investor in data infrastructure businesses, to be acquired in a cash-deal worth $1.1 billion, including net debt.
Orbcomm (ORBC) CEO Marc Eisenberg said, “GI Partners has an established track record of working with companies to accelerate growth, and we look forward to continuing to drive innovation, providing world-class service to our global customers and expanding our market share in the industrial IoT as a privately held company.”
Per the terms of the agreement, GI Partners will pay $11.50 in cash for each share of Orbcomm. The price tag represents a 52% premium to the company’s closing price on April 7. (See Orbcomm stock analysis on TipRanks)
The transaction, which awaits Orbcomm shareholders’ approval and certain regulatory approvals, is expected to close in the latter half of this year.
Canaccord Genuity analyst Michael Walkley downgraded the stock to Hold from Buy and decreased the price target to $11.50 from $13 following the announcement of the acquisition. Walkley said, “Given the premium paid and the fact it is an all cash transaction, we anticipate the deal will close by the second half of C2021.”
The rest of the Street is cautiously optimistic about the stock with a Moderate Buy consensus rating. That’s based on 2 Buys and 3 Holds. The average analyst price target of $11.50 implies that shares are fully valued at current levels. Shares have increased 68% so far this year.
Orbcomm scores a “Perfect 10” from TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.
MJLBs main Competitor ORBC was just "Bought-Out" for $11.50/a share, anyone who doesn't believe that MJLB is not a "BUYOUT TARGET" should Not Be trading OTCs period, go to the Casino instead...
$10.00 is NOT gonna happen Near-Term, But "End of 2021/early 2022" is definitely possibly...IMO
The only shit here is-the Massive short-selling of-the Share Price..Nothing has changed about MJLB having the Best ELD on the Planet right now, with their J1939 CANBUS Device...
Shorts know this is about to Blast off very soon and this is their Last Chance to short this down and Cover before the Rocket Ride begins...
I've seen the same things like this happens hundreds of times over the decades and we just seen this SAME EXACT Scenario play out on MJLB back in Feb. Massive shorts came in just before Blast off from the .05s to $.26 and it's about to happen again, only BIGGER This time around...
That date is the date that Fleet Companies must have ELDs installed on their Trucks, this has nothing to do with the ELD Manufacturers "ELD Certification Date"..These are two totally separate issues...
Very possible MJLB is"ALREADY-Certified" but Not Allowed to Publicly announce it until after a certain date due to other competition/other ELD manufacturers waiting on Certification, given they applied by a certain date...
There are certain issues to keep fairness in the Public market (antitrust type possibly?), so one company does not gain an advantage over others just bcuz of the Governments 3rd party certification system...
This is just my opinion based on experience/knowledge in public markets...
IMO MJLB Definitelty has the BEST ELD out there by far, and their main competitor ORBC Just got bought out for $11.50 a share!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
A "Pincher Play" pattern is Forming on MJLB chart..The Best, most Reliable Chart pattern in existence is the Pincher Play...
MJLB WILL Boom Back and more, I would Bet the Farm on a Pincher play pattern 95% of the time...
MJLB so Oversold/Undervalued the Bounce is gonna be fun...
That link is-for Dogecash.."Dogecoin"/(link.below) is @.39 right now; https://coinmarketcap.com/currencies/dogecoin/
Wonder if this-one comes back to life anytime-soon?
This one is oversold bigtime..Mass marketwide shorting looks like...