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Millionaires and billionaires have been created already since December and are methodically cashing out now…Solid downtrend still in place…milking the minnows now…IMO
That is true…Its how many play the pennies…Buy a few tickets at 4-5 digits and Hope 1 or more get pumped a digit or 3…My comment refers to those folks interested in this now at 2 digits
She dropped to the mid 1's from 8 before recovering...I would not be surprised to see a final shake out, of the cry babies,to that area again before drilling season...Oil is going nowhere...used in 1000's of products...We'll be burning less, not using less by 2040
Wait, let me flip my screen upside down….Ok I see it now…LOL….The milk machine be running…$3 billion a day…LOL
Party seems to be over now tho, except for those cashing in the millions….13,000 cryptos to choose from, after all…
Imagine my surprise….…LOLZZZZ
Not nearly as low as where it started less than a year ago…What an ATM for a few…999 trillion…that’s a lot of minnow food….
Merger??…”NON BINDING letter of intent “…Contingent on several factors, one of which is “Completing due diligence”….Jeez, hope they don’t look at Koos too closely….I’m assuming they want to succeed after all…LOL
Word…preaching to the choir…Am slowly adding to a core, just In case, but Koos’ history gives me pause..LOL
I will…it’s been a good trader...my best $ producer this year…Charts and trading make money….At least for me…
Nibbling on my big ol chunk of cheese tonight with a steak dinner for 2….Thanx for caring..
Only way to make money here is to trade it….Not a believer in…”Stick and stay, hope and pray”…But..” to each his/her own”…That’s what makes a market…Glta
Bad daily candle today…bears definitely in control…Gotta trade this one, while building a core..not love it…IMO..GLTA
More sellers than buyers?
Word…
Sold at .0267…thanx for the nice chunk of cheese…looking to maybe get back in at .021 depending on selling volume… but downtrend channel is still in place…Nice gift today tho…
Need to hold .02 with low volume…
I was in during the frenzy and got out when the chart showed it was over…Seen the same p&d chart hundreds of times in my trading…doesn’t matter stocks, bonds, tulip bulbs or now crypto….Better question to ask is….If I’m holding hundreds of TRILLIONS of coins that were valued at less than $100k less than a year ago ( coin base chart) and are now worth $37 billion, what would I be posting…hmmm…Buy the dips…buy and hold..we’re all going to be rich…only the suckers sell…I add on every dip..etc….This is the oldest book on the investing shelf, just with a modern cover….IMO….charting doesn’t tell tales…
More supply than demand…all there is to it…sausage or donut…makes no difference
…Whales selling off 500+TRILLION at huge profits(5 zeroes)…death by a thousand cuts my friends….IMO this one is over…35 billion in created value in less than a year according to coin base charts…
According to the Coinbase charts online, last Dec. price was .0000000001 (times 999 trillion coins) equals $99,900 of total value…Tonight it’s worth 27 billion…Selling will continue for a long time…IMO…But it could recover…GLTA who believe
Just supply and demand…more supply than demand..price drops…age old truth in all investments of any kind…Some have made billions of $’s here in a very short time tho…GLTA
Trillions and trillions….so many little fish to feed a few whales…milk machine running….
Until drilling season which is probably 2 months away, I expect no major movement…They will probably attempt to shake out further to .015 or so….Oil is not going away in our lifetimes…The world will be using(not necessarily burning) more oil in 2030 than now….It is literally used in 1000’s of products….Several good documentaries out there to check out….Alaska also depends on oil for much of its revenue…Stay strong…IMO
Nuff said…
You’ll see .10 is more like it…Dog with fleas here…IMO
It will be…patience Grasshopper….IMO
Bearish pincers…expect a test of .026 tomorrow…IMO
Whales were buying weeks ago…Selling now…We’ll see where support is the next 2 days….03 first…failure takes it to .025…IMO….Nice gain today, but the bearish last hour candle with volume doesn’t bode well for tomorrow…Caution on buying here…GLTA
We can only hope….which rhymes with dope…Guess we’ll see….GLTA
I wish u well…If that happens, I’ll be jealous for sure….
If only we were still trading against other humans….
I tend to trade more conservatively…I expect a downturn at .035…but…a solid move thru there with volume would be hugely bullish, I agree…
Lots of bagholders in the 3-4 area…I expect a pullback to 3 area before we see an attack on 4…We’ll see…
Agreed…movement up on next well…Then…..
.08 to .02 in 1 day last spring….hmmmm….Glad I wasn’t greedy then…To each his own tho…Added today..
With 3.78 Billion shares out there, you have to expect some profit taking…
Need a good test of .031 first…GLTA
Good buying opportunity today….Oil is not going away for a long time…Winter is coming and so too, the action in this ticker….GLTA….And dont be greedy again…
Volume increasing daily going down...bad signal....0025 is in play...IMO