Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Tbh I thought it meant something more, like they had to file something with OTC to get that status, but it might just do that automatically when a stock closes above $5 on the day, not sure if anyone can clarify? However I could've sworn I didn't see that there yesterday when the price closed at $5... so I thought it meant something good regarding their legitimacy and current status.
This security is exempt from the definition of a Penny Stock under SEC under Rule 240.3a51-1 because it meets one of the following tests: 1) A price of over $5 per share, 2) the issuer has Average Revenue of at least $6 million for the last 3 years, or 3) the issuer has Net Tangible Assets in excess of $2 million if the issuer has been in continuous operations for at least 3 years or $5 million if less than 3 years.
Could go as low as .012 but should close around .019.
Ha! Not at all, millions of shares to even get back to .02.
More selling than buying, about 60 40 right now.
Needs to bounce to at least .022 otherwise will continue down rest of day.
Maybe so, but not today.
Because it couldn't break .025 and because they know stocks don't go up 100% every day.
THATS ONLY YOUR OPINION
PROVE THIS
THEY ARE NOT
5 minutes left to close green, let's get back up there!
Millions getting picked up by stronger true longs, remember, this is a good thing.
Added more here, snatching shares from weak hands.
Accumulation is growing, more sells than buys so far today but no dump yet. Should close around 50 cents.
Yeah they got their .35 to .50 bounce so hopefully we can move up higher now.
Nice buying, sellers are stopping it from running too high right now, but it won't last.
Break and hold above 50 this time let's go!
Looking good to break through 50 cents here, should see higher highs today.
Would be nice to see 75 cents here tomorrow, curious to see how the volume will be after a huge day today.
They're actually called charts :)
There's a wealth of information out there, just a matter of what a trader is willing to learn.
BREAKING DOWN 'Triple Bottom'
The triple bottom chart pattern typically follows a prolonged downtrend where bears are in control of the market. While the first bottom could simply be normal price movement, the second bottom is indicative of the bulls gaining momentum and preparing for a possible reversal. The third bottom indicates that there's strong support in place and bears may capitulate when the price breaks through resistance levels.
There are a few rules that are commonly used to qualify triple bottoms:
1) There should be an existing downtrend in place before the pattern occurs.
2)The three lows should be roughly equal in price and spaced out from each other. While the price doesn't have to be exactly equal, it should be reasonably close to the same price, such that a trendline is horizontal.
3)The volume should drop throughout the pattern in a sign that bears are losing strength, while bullish volume should increase as the price breaks through the final resistance.
https://www.investopedia.com/terms/t/triplebottom.asp
The Triple Bottom Reversal is a bullish reversal pattern typically found on bar charts, line charts and candlestick charts. There are three equal lows followed by a break above resistance. As major reversal patterns, these patterns usually form over a 3- to 6-month period.
Very true, but that's the difference between a true long, and someone trading the stock. It's easy to say now what one should've done, bouncing between .003-.006 does not interest me, looking for .01+
Tomorrow I bring my #RSHN share count into 8 digits, and it will be done on the ask!
Hopefully the latter, a triple bottom of .0032 would be low enough, no need to test anything lower.
Up until this point #RSHN has been very timely with their news releases. We've had at least one PR in 5 out of the last 6 weeks. Some substantial surprise news tomorrow would be welcomed.
Hm good question, not sure but I personally don't think that soon. However I do think we'll get more detailed information on the orders and revenue of the end products, including CBD-infused retail foods, beverages, nutritional supplements, and healthcare options, before then.
We know we're going info on the hemp drying /curing, extraction, and post processing methods for the harvest, more photos and videos for marketing materials, and on #RSHN working toward acquiring a logistics delivery facility.
Accumulation looks good, no dumping or dilution. Low volume on the red days, better on the green days. Need to close above .004 tomorrow!
Money should be coming in tomorrow. A 25% day brings us back up to .0045, 50% would be up to .0054. Looking for some nice big green candles.
Hey who is selling at 37!? Cmon now take it easy, don't be silly!
I don't ever want to see 3's here again, let's go #RSHN!
Nice green candles today :)
Nice looking good, new HOD printing now 0.525 let's go!
Sounds good to me! Thanks for the info.