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Close today above 0097 coverts resistance into support.
Possible new floor
Imo
All a question of if 0097 resistance holds this week. If it holds then my guess is we drop to hi 7s-low 8s before next move. If it breaks we should see penny plus fairly soon. Will be interesting to see how it plays over next few weeks.
Imo
1mill shares on the bid currently
Good to know smokey thanks for keeping it real
Congratulations for buying on the low of the day so far. Though I think we see things go a bit lower tomorrow or the next before the next move.
Imo
I didn't create the horizontal resistance it created itself. As I said it's considered by many one of the most successful / strongest patterns to consider. No need to be angry at the messenger.
Looks to be sell the news day today.
I said retrace to.0065 4days ago and it did. The horizontal resistance hit today is real any chartist would agree. Horizontal resistance is considered by many one of the strongest types of resistance. It's not a bad thing it just allows the price to strengthen lower before next move higher. It's not that it won't push through its just part of the waves of the movement. Sure it's possible that it keeps pushing higher immediately but that is a far more rare scenario.
By the way I'm laughing too... All the way to the bank!
Double top topping tail of main horizontal resistance in the area looks to be today.
may have some retracement to better prices in following days.
but its anyone's guess
In my opinion
UBQU Competition-Square Inc Launches Cryptotrading-link
If you haven't heard yet.
http://www.businessinsider.com/square-is-unleashing-crypto-onto-more-of-its-user-base-2017-12
RSI overbought territory breached today.
Estimated Current Support / Resistance Levels:
Horizontal Resistance .0081
2ndary Horizontal Resistance .0097
Horizontal Support .008
2ndary Horizontal Support .0065
Primary Trend Support .0068
2ndary Trend Support .0078
Forming Symmetrical Triangle Upper Resistance (with threads trimmed) .0083
Forming Symmetrical Triangle Lower Support .0078
Simple Moving Average Support .0069 - .0067
Will be interesting to see how it rolls.
IMO
On the edge of RSI overbought territory. Be aware.
imo
It hit 65 two days ago.
Expecting to see retracement down to upper 6s before next move in days to come.
In my opinion
Best for investors if company bites the bullet and pays off the debt aggressively with profits. Till then we're in the twilight zone.
Imo
Yeah I'm aware, but it was to help in understanding the confusion asked about.
It's not normal interest debt it's convertable debt. The debt note holder has been dumping large chunks of converted debt to shares. On the market throughout the year. The debt holder gets to convert shares at .001 and them sell them at market price. It seems this has been the core source of the low share price going lower over the last year.
Here is a link to what a similar company with similar convertable debt is explained:
http://www.livetradingnews.com/potnetwork-hldgs-otcmktspotn-toxic-debt-disaster-62133.html#.WhJZCZeIbq4
In my opinion.
Nobody knows that for sure except conversion sellers. There were large blocks on the ask early in the day yesterday. The share conversion seller doesn't want anyone to know when they are selling. And when they do start unloading it seems to be over several days and weeks. That is what investors have experienced all year and kept the price from being able to move up conituosly.
Nice clean up pop today. Expect partial retracement tomorrow as flippers take profits. 18 mill vol can be be a powerful force one way or the other.
We shall see.
Imo
Looks like a conversion sellers day. Large blocks on the ask for sale.
.0064-.0065 has the 15s&20s SMA bundled up tight. Will be healthy for a bottoming tail drop below that before next move. We shall see.
Imo
I'm thinking move to .0064 or. 006 next. A lot of time the price will push below support before the support kicks in.
Imo
6s today probably will see 6stommorrow. Looks to need to fix triple bottom created over last 3 days before next move.
Tracking realtime onsite SEO progress-Link
Let's hope these grades improve rapidly over coming months.
https://www.woorank.com/en/www/hemplifetoday.com
https://www.woorank.com/en/www/cryptobuy.com
Wonder if there is a pattern to discover of converter's timing on selling shares into the market? If they usually specifically sell the most converted shares in the beginning, middle, or end of each quarter.
Guess the only way to derive/estimate that would be to go through individual daily sell volumes throughout each past quarter.
Not enough time on my schedule to derive that, but could be a good research product to discover best entry points for investors.
If anyone wants to run the numbers and figure it... Please share what you discover on the board.
Usually a stock can dip below moving average support in nearby days. After it has broken through before next move
Expecting to see 6s before next move
Yes .008 resistance sorry for typo.
You will have to be very patient for the CryptoBuy platform. My guess is at least about 8months to a year or more... away from an actual working Crypto platform build to be ready.
UBQU is very slow at building especially technology. For instance they still have not fixed/adjusted the HLT website for better natural SEO performance. You can see their site's status here: https://www.woorank.com/en/www/hemplifetoday.com
Much of what HLT's site is grading poorly on, on the SEO site grader link above, could be fixed in a matter of week's. And yet they said in a press release they were going to start working on seo marketing over a month ago but still have not reshaped this piece of the puzzle yet.
And they have not made much progress in Google natural search results either as of yet. So expect a turtles pace when it comes to programming a complex trading application.
Would be much better to hear they are doubling HLT sales this quarter. But at the moment that does not seem likely based on last quarters Growth results.
In my opinion.
Support @ .0068 Resistance @ .0008.
50 Day SMA Support. Horizontal top Resistance.
Could break either way.
It's been a brutal cycle all year. That's hopefully coming to an end soon as debt hopefully continues to be decreased and finally is eliminated. See sticky above for more info.
Yeah that's what my old sticky was all about. That being said, it can take anywhere from 3-6 months to start showing in Google natural seo results. They said they are working on it in one of their last press releases. Let's hope it's not another broken Ballas broken promise. Let's hope they are working hard on SEO for all their CBD products.
Like the new animvid version on facebook page. Looks like the kind of promo video that could help open the door to new customers nationwide who don't know much about CBDs.
Nice job HLT!
Agree everyone should petition the company via phone or email and mention the article so they know the jig is up and they should get rid of the remaining convertable debt or transfer it to a standard non convertable regular interest loan immediately.
Investors should be able to move forward with eyes wide open.
In my opinion
LINKREF- UBQU Please payoff convertable debt by any means necessary asap! Or figure out a way to transfer it to a traditional loan.
This is a scary recent article read of a similar convertable debt to share structure that POTN is mired in right now (though their share price isn't currently showing the wear and tear, but then again they are making mills per month according to recent press) . However the one glimmer of light is it seems POTN has far more convertable debt than UBQU. But sounds like a very similar original loan structure. Sounds like best UBQU option is to get out of convertable debt deal by any means necessary ASAP! Ubqu please eliminate or transfer debt to better loan immediately. Save your shareholders and your company while you still can.
Wish I knew more about this when I originally bought in, in January. It has been a very hard road that all makes sense now after reading this article that provides a lot more info on how debt conversion loans can go. But at least the blindfold is being lifted for all of us now. Every UBQU investor needs to read this and petition the company to get this kind of debt off their books immediately. See link below.
In my opinion.
http://www.livetradingnews.com/potnetwork-hldgs-otcmktspotn-toxic-debt-disaster-62133.html#.WhJZCZeIbq4
the YouTube video version can show up in Google search results the Facebook one can't. And the YouTube version also more clearly counts the numbers of views which will be better for potential investors to see then the Facebook video. share the YouTube version...
get me a million views of the video and you might have a deal
Post the new video to your facebook accounts. Help spread the word.
Yeah that's a good point. Didn't even think about that chronic pain sufferers are more likely to be up a night. It could be good way to have a more direct line to that target audience.
And Ballas should know they definitely can buy the late night time on the cheap. Especially if they go for local market's time slots. So they could test in a few states, a few different versions of the 30 second spots, before going nation wide and see how the numbers come in. And then move forward on a larger late night campaign with whichever version brings back the best number of callers. And have the website on screen throughout the commercial... To help people get more used to seeing the brand.
Really hope they start considering this stuff soon and figure out a way to make it happen.