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Stock feels like a caged animal ready to make a monster move out of this flag pattern. Can feel the energy just building and building for past three weeks as we base near the upper end of the flag, so bullish.
Next stop is .0054, 20dma and major uptrend line from below. Once we reclaim that then we can start eyeing the penny again. Shorts are so phucked. Thinking this is a scam when in fact it's real and it's absurdly cheap. 50dma money good.
.004 might look cheap by end of day. Clearing short term trader resistance at the 200minute avg on five minute chart, the bears last hope.
Game on, bear thesis shot to hell. 50dma holding like a champ. Time to load up, warehouse pictures awesome.
50 dma retest looking good and the high volume screams shakeout. Think we have seen the worse of the pullback At this time. This is similar to the high volume 50dma shake that clnp had on 11-27/28 and that marked bottom.
Great email, definitely the only bear case on the stock is that this is all bs. But evidence points to the contrary, so the bear case is basically shot, making this stock honestly stupid cheap. At some point mdin will need to raise money for additional manufacturing, but that sounds like it would be near end 2013 and it's in the best interests of the company to get the stock price much higher and back on the OTC before even thinking about a share placement. At that point we might even get real brokerage coverage from a firm wanting to do the banking. At .004 the company has zero interest in raising money, they would be selling themselves incredibly short. Upside from here is beyond scary.
I don't know that we go straight to a penny, there is some work to be done like reclaiming the 20dma next. But we retraced 61pct Fibonacci from the low to high, a pretty steep but not uncommon retracement amount. It allows for a retest of the highs definitely. All the greatest stocks have a vicious pullback such as this. 10 baggers don't let people in easily. This shakeout should serve to continue working us towards that goal. A good cleansing is absolutely essential. We just gotta prove to the bears that this company is indeed real. The fact that there is no third party compensated pump firm is a great sign and should be a warning signal to the bears.
Choppy but the pennant breakout is intact and the trend is higher. I know we all want it all now but stock is acting fine and slow calculated moves last longer than quick rapid fire spikes. Loving the downside shakeout four days ago, bodes well that this pennant breakout is indeed real.
Climatic selloff 3 days ago proving worthy. We have now worked to reclaim the 50dma, a positive sign. We are bumping up against the hourly downtrend line that started mid November. When that goes down, expect the recovery to pick up steam in earnest.
Pullback nearing end as we get a hard fast retracement to touch the 50dma on 4th day of pullback and on lowest volume of the decline. A nice 50dma test. This is also a congestion area from the November breakout and churn before latest super spike. Would expect that the bulk of current decline is in, a decent area to step in on the dip.
This is a battle between those who believe the company is real and those who think its too good to be true. Seeing the product pop up at some online stores has me believing it's real and at this price, it is more than worth the risk to find out. If it is indeed real the upside from here is truly life changing so the risk reward is a no brainer. Those waiting for it to go into the big box retailers will be too late. Remember, the online store we saw it on a couple weeks ago had 2012 on the snorenz box, good enough for me given the insane upside.
Clnp definitely looking washout this am. Love today action to mark the bottom of our pullback. I was bidding .004 to average up on my position (.0014 base cost) but only got a partial. Again, we have big volume, large price extension, and negative sentiment all at the tail end of a protracted decline. Textbook definition of climatic selloff.
Today is working out to be a great washout day with big price extension and high volume following an already protracted decline. Coupled with the frustration and negative sentiment now prevalent on the board, id say we are damn near close to bottom with big bounce pending.
Wow, just reading some posts today and the level of frustration and negativity is almost as high as I have ever seen. The pullback to test the October breakout and subsequent choppy action we have seen the past couple weeks is definitely doing its job. Frustrating many and cleansing the weak. Our pullback may be over sooner rather than later.
Definitely think 1c breaks and holds due to this nice recent pullback. Stock got a touch ahead of itself when we broke 1c a couple weeks ago but this pullback re energizes it. Still in the uptrend with great fundamentals, scary. Could be the monster of OTC land. Worth holding to find out in my opinion.
Beautiful downside shake mid day out of the triangle formation that proved to be a headfake. The stock is now ready to rip topside out of the pennant/bull flag/triangle...was doubtful if we broke out without a shake (first moves out of triangles tend to be headfakes) but now that we had that mid day shake I'm very optimistic this is locked and loaded.
Big up and down day but bottom line is that the 20dma held like a champ and the stock remains firmly in its uptrend channel. The news post market sounds solid, would not be surprised to see the upside continue.
Probing of the October breakout area continues. As mentioned a week and a half ago, action was expected to be choppy as we tested that massive October breakout area. Big swings up and down that would serve to frustrate and cleanse the weak hands. We are getting close judging by the sentiment on board now. From absolute giddy near the top to creeping doubt now.
Awesome, set up distribution agreements next comes sales..absurd that people Had such high expectations for revenues latest pr. Best part of last pr was ken being honest about revenue projections falling short. Proves this is no pump n dump. How many pumpers would say sales fell short of expectations?
Thanks bro, we all contribute in our own way. You've been awesome with management company updates. Feeling good about this one since the bashers showed up. No coincidence we moved higher today when bashing got loud recently.
It will happen but it may have a downside shakeout first. Would not surprise at all as the pattern is pretty obvious so when a low breaks you will see guys selling in fear. First moves out of a pennant are often headfakes so If we shakedown out of this, I'm loading way more for the vicious upside move that follows. If we just break higher from here I'm content too.
Diaaf still flagging and forming a high tight flag. Wouldn't be surprised to see a downside move first out of the flag that shakes out weak hands (at which point I would use any dip to scoop up a ton of shares). If this occurs I would expect it to be a serious headfake and the shakeout will lead to a massive upside move.
Still holding three support areas like a champ. 1) the 20dma, 2) the area of massive november breakout, and 3) the are of the climatic low on 11/19..a little more sideways action will allow the stock to clear the downtrend line that started last week and away we will go. Might line up nicely with the pending update from the company post holiday...loving the negativity that has popped up of late. It's a must for a stock to go higher...
Clnp continues to do the expected, chop up and down while it tests the area of the massive October breakout (.005 area)...this process will frustrate those wanting immediate upside and cleanse the weak hands. I expect this level to ultimately hold and prove to be a low risk buy when the stock eventually resumes its move. Stay the course and expect this chop, all part of the process so we can move higher.
T trade dilution is an old wives tale for newbies on ihub..no relation whatsoever, pathetic really, feel sorry for them as traders but not really.
Chop up and down as we probe the level of the massive October breakout ongoing. As mentioned a few days ago, the bulk of the pullback is in, but we are likely to see some up and down action as we test this level (.005)...everyone wants the rally straight back up but this is normally the process. Seems all good, once this level proves itself the rally will resume.
As suspected, yesterday's washout type move on 2 areas of support (20dma and November breakout) leads to nice bounce today. A move above today's highs should get the rally going again.
High tight flag forming on the hourly chart. One of the more bullish patterns out there and suggests a high probability that the consolidation resolves to the upside. Gonna be fun soon.
Great email Disher
Volume suggests pullback almost over. The heavier volume on today's pullback, on day 5, and with price extension of 20pct is almost climatic like. With the 20dma and area of the massive November breakout here as well, mdin looks ready to rip higher again. Bottom line is today was washout selling on two solid areas of support.
The 3 day, five minute chart shows diaaf closing above the downtrend line that started near Thursday's intraday high. Strongly suggests the upside will resume immediately or at worse that the pullback is over and we trade flat for a bit. Given how early in the move we are, upside wouldn't surprise at all. Can someone post that chart with downtrend line break?
Buy snor enz here: agree with Disher that the only reason this stock isn't much higher is because it seems too good to be true so I just googled it for fun to see if snor enz could be bought. Seems it can be, this stock is scary legit:
http://www.foodtown.com/pd/Snor-Enz/Throat-Spray-for-Snoring-Relief/2-fl-oz/63224620202/
Again, I fully believe that the recent pullback is a clnp related selloff. Once the irrational panic clears and dust settles, this stock will resume its upside. The momentum has been way strong but not climatic. Momentum plays of that dynamic don't just roll over and die. They go to sights unseen and make new highs beyond most projections.
This pullback is a retest of the October breakout level, a great low risk area to buy. While I don't think we go straight back up, I have a hard time seeing the .005 level being breached. We'll probably experience some volatile up and downs here but ultimately this level will test and hold, and prove to be a great launch point for our next sustained move higher. This company is still in its infancy. Unrealistic to have expected big revenues in the latest pr. Ken is still putting deals together and the marz spray looks like a coup, with celebrities already endorsing that product. Revenues are on the come. Notice he still hasn't even mentioned hemp, guy is hard at work, not a pumper which is a great sign.
Poised to close above hourly downtrend line that started from yesterday's high. This initial powerful thrust off a major long term low two days ago is set to resume in very short order.
Clnp related pullback last two days holds the uptrend line and 20dma from mid October perfectly (yesterday's low). It was a vicious shake with immediate bounce so it's likely that panic low will hold strong. Don't think this one is done yet, strength has been too strong last couple weeks for this to just die, especially when it seems all the fast money on clnp sold off mdin out of fear to protect their capital. Further the most recent upside move did not have climatic volume. Just a good old nasty shake for a stock that has had an incredible run. It ain't easy hanging for the 100bagger is it? Thats what makes this beautiful.
Clnp finding some footing near the area of massive mid October breakout (.005ish)..getting volatile here, so expect that the bulk of our pullback is complete. Would still expect some probing and up and down action before grinding back higher. This pullback was somewhat predictable given the attention we have received of late (penny stock geeks, clay trader, and newbies begging for the pr). Good news is that this is a REAL company not a pump n dump like so many people like to play on ihub or are so prevalent in the OTC universe so a complete dump is completely out of the equation. Anyhow, bottom line is that the bulk of our pullback is in, expecting more up and down around here however then a resumption of the move higher once the latecomers are shaken out of the ball game.
This is a panic sell sparked by the clnp pullback cuz many of same players in both names so got scared protect profits mdin then selling fed on itself. The high volume intraday marked panic, not orderly selling, I'm a buyer at .005...expect fast rebound, if indeed its panic which i suspect it is.
FDA investigating 5 hour energy. Time for all natural 7 hour energy to shine...
http://www.reuters.com/article/2012/11/15/us-usa-energydrink-deaths-idUSBRE8AE07A20121115
MVP can u pm me your email address. Couple thoughts on mdin clnp etc.
Dangusbeerbelly is rich, lmao