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On a market order of a low float with less than 200k shares traded anywhere near that bottom was an anomaly. Millions of dollars invested at higher prices. Those shares are held.
You need to focus on the accumulation line more than anything in the OTC. It shows you the sentiment, if people are holding, if the company is diluting. Ect. When the price corrects 66% and the accumulation line only corrects 10%, you buy that dip 7 days a week!
Strong accumulation line uptrend fully intact, Full MACD retrace, 66% fib retrace from highs, rsi 50 reset, beginning to see potential for a huge 1 month cup.and handle formation which would send us above .20
Time to educate some of these twitter and ihub experts with 6 month old trading accounts. We have corrected 66% on TINY RELATIVE VOLUME. What do I mean by that? Well, look at the orange line that breaks up the move up and the move down. Look at the numbers and analyze them.
47.7 Million shares is 14% of what we traded during the move up (336M). The vast majority of all shareholders are HOLDING, and currently have averages from .08-.12. People dumping 7s,6s,5s, are doing so at a loss because this hasn't started its second leg fast enough, and the OTC has traders not investors.
The investors here own the majority of all shares. These peanut 2, 4, or 6 million volume days are merely blips in the story that is unfolding. This will bounce and set a new all time high sooner than later in my opinion. I would not be surprised to see a 120% candle to .11s / .12s on the breakout day that is looming, followed by a continuation break above .145 on day two.
Relax, this is an investment not just a trade.
My .02
No, all the people who bought the run up are dumping and chasing other plays like the impatient OTC traders they are. They will all flock back and chase it when volume returns. The total volume amount from the last 8 sessions COMBINED is not even half the volume of June 1st. You guys are overlooking rookie trading principles and making funny statements from my POV.
So move on and dump me your shares in the .05s. It's been a week since fillings came out. They've spent 5 years building the business and you are here to complain that your 70% flipper profit isn't coming fast enough?
Sure, they just did all that paperwork and didn't dilute or sell any shares themselves for fun.
Just dump it at a loss! Thats why you dumpers never make big money in the OTC anyway. Just dump it! Dump it more. Dump it again. One more time.
Keep dumping folks!
Annoying & pitiful given the facts
Bro its on no volume, relax.
This will be back at .099 with a few buys. Only flippers and scalpers trading it while longs accumulate more.
Added a few shares here. This 5 day bull flag channel will send us beyond .20
Seeing these trades for 187 shares to paint it down confirms what we already know :)
Good first target
Longer the tail higher the sail, looks like .20 will be the move from .10
Congrats to all that held through the mm tactics. This was a great education in MM at work.
Respect
Really annoying dumping.
News?
Looking sweet this morning
They have to chase if we slap
People don't understand this was voluntary and they never stopped producing. This is in a category of 1-5% of all BK
I have been holding my shares tight! A correction looms.
All you dumpers just lost your shares for nothing
Its all low relative volume. Look at the charts. Trading 10% pf the float from .12 to .06.is not indicative of total sentiment
"Price is what you pay, value is what you get"
This is shameful.
Astute observation, I was thinking the same thing. Accumulation line is still through the roof and this will be back to .10+ very soon and on very little buying volume.
The term "relative volume" is important. Just like being up 30% on low volume is insignificant, so to is being down 40% on trading 2% of the float.
If we had traded 40 or 50M shares today I would be concerned. We hardly traded ~3% of the float but corrected -22%. What does that tell you? It tells you we can rise 30-40% (.11-.12) on 2-3 million in buying volume. The question is will people quit now and chase later or hold and add these cheap prices. Either way $ZHUD prevails.
This is getting pitiful
No reason to sell this range, no dilution, nothing to worry about. Buy the ask or hold. Feet up :)
There is some super manipulation here, they wouldn't fill me at 4 different prices even with it showing on the ask as available
Same dummies that sold .02s are selling .06s, will be history never to be seen again soon
5% of the float available under .30 right now
If history repeats itself, we will close around .127 today
Held all my shares, .50 cents or bust for me.
$18,000,000 invested and people worried about one 10% dip lol