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If we see .0068 today, it should be going to .01 at least by tomorrow.
This must break the SMA50 (.0067 at the moment) line soon. After that .01 would be easy to break. Then .02 and .03 are hard resistances which could take a week or two to break IF momo continues.
Won't be surprised if this tests .01 on Monday. Especially after all dividend is paid out, this should rocket like nothing I've seen in years.
Good stuff. RSI is the indicator to watch for on this one, this can break out all the way up to .01 and still likely not overbought.
likely to test sma50 (now at .0067) Monday. If that's broken, a test to .02 would not be a surprise. Haven't seen momo like this in a long time. RSI has alot, i mean alot of room to go up.
Cash has already materialized. This is a rare play in OTC. Never seen dividends this large being paid out. Should be above .01s next week no problem.
Chart is looking incredible. Great riding on the SMA50 and now looking prime to test the SMA200.
My best guess is that there's possibility of many selling as soon as they receive their dividend. Maybe what's holding MMs to unleash this up. IMO
Added a quick 200k. Ticking time bomb at this stage.
Interesting action here. Everything in place for a move up, but ask walls come and go by the second. Manipulation? MMs know demand is here and ppl would buy this at .01 or more for sure. IMO.
There was a 25 mil cross trade yesterday at .0017 and .0018. Sold it at .002 it seems. Quick 7,5k profit.
with all the volume and accumulation going on here, this will pop up fast if it does go up. No incremental higher lows anymore. This is will explode up.
Someone was willing to get .0017s with 85 grand. Choosing to let go of a sweet car to get it in this stock. Something is up.
50 million buy! Intense
100 000 buy already at .0022. 9:20am
Clear manipulation here. MMs walking this down regardless of block sizes and selling pressure. Interesting action nonetheless.
It will be exciting to break the sma200. After that anything can happen with some steady buying. I haven't seen large walls put up on the ask when there's steady buying so my guess this would move fast upwards once it reverses trend.
Too much negative buzz around this to go up anytime soon. Bottom for me is .0015, will add some then. And then for any real good bull move up to .006 it would have to consolidate for weeks if not months for an actual break up again. And then IF it breaks .006, there's so many huge resistances along up .012, .02...Only a federal law change to schedule II would make it happen, ERBB is powerless until then regardless of how many deals or profits it can make.
As you said, this is a penny stock, and nothing is just 'how it should be or suppose to be', I could care less what they say on PRs, i'm looking at this based on technicals. Any stock with prices like these are hard to run, because the return on any little move up or loss on any move down are huge so it makes investors more afraid regardless of how you 'believe' the stock is golden. Right now, chart is looking good, L2 is looking good, and high buys today were a very good sign. Likelihood of going higher is better as of today.
Only a few sells today .0007. This could have easily gotten stuck back to .0006s and .0007s, but it's right back up to 0009. Looking for a .0009 close today with potential this week for a break out above .0011.
Excellent close. Waiting for a decisive day tomorrow. Looking to get a 1mill tomorrow depending on how fast it moves in the morning.
If this can get maybe a close or two above .001 .0011, no doubt this can clear even .002s and make a run to high .003s and .004s which was the last big run this had. But only if it gets solid closes above the daily sma 200.
This is likely done for at least next week. Didn't even bounce right from the dump today, consolidation likely won't top .002 for days to come. GLTA
would be nice for one of those fake PRs to pump this up to .002
Honestly not looking good, if it can't break .001 this week i'm out.
Getting out of this zone is the hardest in OTC. It needs a consistent buying pressure of all levels of the ladder 001, 0011, 0012, 0013 and so on without any flipping..until it reaches around .002 and then this can go up easier. But then again, less likely than likely. Although bid support has been really good, so i'm in this for the risk/reward.
Today was a flippers day dream. Congrats for those who took advantage.
This looks pretty much done for a bigger run for now. Multiple times blocked around .004. RSI certain needs a reset for this to break through the SMA200. Look out for consolidation this week and likely next.
Probably .0006s may come....Probably .01s...you know what..it's a toss up between .0002 and .02. Idk.
Adding here, for the risk reward it's a great deal with such bid support.
Bid support is very good on this, and still so much room for new people to jump in. If you lost money on this before, sorry, there's a new batch of people who will make this move up now. Trend is clearly reversed, simple as that.
Target of at least .0025 once it breaks .0012.
There's no such thing as financials that bring penny stocks up, all of them are bad financially otherwise they wouldn't be trading here. This is all hype/speculation, and I agree, I wouldn't be surprised if this bottoms in on the teens. And wouldn't be surprised if this has to trade sideways for another year until any big move up again.
Too funny, when CEO/management keep quite people start complaining of lack of update and when they do communicate regularly people complain....go figure..
Had to grab some .0004s myself. Risk/reward at this point.
Until the next hype up on mj stocks, this will not trend up *regardless* of how deep you guys want to dig in about the pros and cons.
just to move a tick up to .0007 there needs to be rush of over 70mil in buys at .0006. Not happening today it seems.
Not looking good for any move up this week.
MJ industry is at all time lows. Even though management is dumb as rocks, price drop has little to do with the down trend. Even if management was doing all the right moves, price would still be dropping. Until federal law significantly changes, this will be an all hype play. That's it.
The trend prior in the year was down and moves up to test the resistance sma's are completely normal but likelihood is that trend continues down. There's a new batch of shareholders now and we have another trend in place.