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Off to the races!!
That and short covering.
It has to fill a gap and test support. Also volume dropped significantly.
This technical analysis should help all decide.
I made mine.
GLTA!
http://www.smallcapnetwork.com/Fakeout-or-Breakout-Looks-at-FII-BBI-and-SSEV/s/article/view/p/mid/3/id/219/
If you have a profit, lock it in! Jmho.
All indicators point up up up!!
GL!
purely from a technical point of view.
1. There's a big gap to be filled from 0.0008.
2. 0.0008 was resistance and now would be new support which would be tested sooner or later.
jmho
Thanks for reiterating kastlem!
Looking at the chart I see a clear resistance at 0.0027 which after yesterday's close formed a double top. If anyone can comment on this from a technical pov I'd appreciate this. It will help cultivate clear thinking regarding GDHI's future chart movements in the midst of the understandable storm of emotions. I'm pretty sure though that as soon as that resistance is broken it will fly up to the 0.005's imho!
GO GDHI!
Good thinking! It crossed my mind as well.
I think there is going to be a lot of flippers, short sellers and profit takers after today's spike.
The stock would eventually have to fill the gap and test the 0.0008 benchmark for support imho.
GLTA!
I hope it finds support at 0.05.
Just bought 35000 more for a total of 735,000. Let's trigger the Buy signal!
Add Hcotton with 700,000.
Thanks!
Unreal! Short squeezes are soooooooo fun for longs. Cant's wait for those :))
It really is, lol!
Congrats to all the longs for the green close. Greener pastures ahead. I'd like to think that our limits helped. I don't remember who suggested that last week but that's a great move!
Let's head back to the 40's!
GO GDHI!
I think BRYN is doing great considering the profit taking after the massive jump on Fri.
Short sellers will cover and the others will be squeezed and price will spike up.
BRYN is headed higher imo and could reach .40 EOW.
GL!
I still prefer KATX for gold play. jmo!
One more thing -- Longs please remember to put GTC limit orders of at least 0.02 on your positions
so NO SHARES are available to short - PERIOD!! 0.005 is around the corner imo!
GO GDHI!
I'm on it too! MM's will be out as direct access platforms become more and more popular.
We should all ask our brokers to go for that. If they don't they'll be out of business. I say let's cut the
the MM's out of the loop, it's our $$$ that feeds them.
GLTA!
Agreed! $1 - $5 pps coming imo!
With the dilution going on they're gonna be delisted and sink to the abyss of the pink sheets.
Look what happened to CTZN. jmho.
I disagree bro!
Regardless whoever is pumping what two things are clear:
1. The company should be coming out with news really soon.
2. Chart shows STRONG support at 0.05 and resistance at 0.08.
With news volume will explode and the stock should reach .12 effortlessly.
JMO!
I really don't think so... jmo tho. You want dilution... look at a company like BZCN. There hasn't been PR to try to get buyers to pump the price of this one. Waiting to see what transpires... should be interesting!
Thanks bro. With the advent of direct access platforms such as Tradestation MM's days are numbered
imo. Industry is changing very fast and there will be very little need if any for big brokers and MM's.
NXWI is light years ahead of the pack imho.
Communication at the speed of thought, is this little company's niche. No doubt this has a huge potential and could explode.
It also offers a ground floor opportunity w/o a doubt; waaaay before the herd comes stampeding.
You can trash it all you want but the vol. on 2.10 is an indication that something is happening.
I'm holding for that reason and actually added on 2/11. Explosion on the way. Look at what happened to BRYN on Friday right at the close. You don't want to miss that on AVOE. Some people know something we don't and they bought a ton of shares.
Again it's jmho!
GL!
What baffles me is how come the pps is so low for what seems to be a very solid company?
I think of Warren Buffet when I'm looking at this potential giant. The chart just doesn't make sense.
Any insight or projection would be appreciated... like I said I believe this is only a long term play right now until it gets discovered and volume starts shooting up.
I'm seriously considering starting to buy in as soon as I exit other positions.
It's traded very thinly which makes me think there's undiscovered potential. It would also make it hard to trade in and out of which makes it more of a long term play imo!
I'll post anything I can find and would welcome your findings too. GL!
Thanks for your insight bro and GL!
In all honesty that was the last thing on my mind. It was just plain interpretation of the chart and I could be totally wrong. I was in for 2 weeks and sold for a small profit when I saw that it failed to break the 0.01 resistance. I'm definitely watching it like a hawk to see where would be a good re-entry point. I'm sure you can't blame me for not wanting to turn into a bag holder... got enough of those already lol! That said you seem like a savvy trader so I appreciate your input.
Best!
H
Can someone explain in plain english what it means? Does it say that once a security dropped 10% you can short it? Thanks!
Set limit guys. 0.02 is what I did. It's your shares that shouters are borrowing to squash the PPS.
Let's show them what a short squeeze panic feels like. For shorters it means UNLIMITED LOSS potential. Please do!
GO GDHI!
SSEV has nowhere to go but up. Once resistance at 0.0008 is broken it's going to fly imo!
I have to disagree. It did the PERFECT back test and passed with flying colors bouncing off of
the 0.002 support. If that level was broken then I would have to agree with you, but that didn't happen. GO GDHI!
Patience pays off! Did you see what happened to BRYN at the close???!! It Popped 83%!!!
Penny stocks need a looooooooong breath and $$$$ you can do without. I learned the hard way.
Thanks for sharing!
Nice close! Going up from here imo!
What's all this volume w/o change in pps?
Got in at 0.0006 earlier this week. What's your realistic target short term?