Scoping the charts
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Going way lower than that man
I told the board this would happen.. I hope some listened.
lol what happened?
http://www.thewallstreetbulls.com on it tomorrow, nice $100,000 promo it seems like starting up.. will see how it reacts tomorrow
Hey guys thought I share this..
Seems as though Thewallstreetbulls.com has a new issue "ZNTR" with a $100,000 budget (per their disclaimer) for one week. Their last one MELY went for about 60% and what I've noticed is their plays usually do well the first day of the pump.
Anyways, here is the ZNTR issue at http://www.thewallstreetbulls.com
Weak BID.. cannot sustain these levels. Its going to buckle IMO
lol is that so?
I've done my DD and say otherwise. BID support is weak, very weak. Hanging by a thread
If your in profit land take it, if your at a loss, sell it to minimize loss. This will head lower
Nope, gonna go much lower. Support is buckling as chart turns more bearish. Stagnant action will lead to selling
That makes no sense. What you said doesn't equal a "very bullish chart" DI- is on the rise while DI+ on the ADX is falling, meaning selling pressure is on the rise. MACD is stalling which means momentum is fading. You touched the 10MA support line today on the daily and support was thin, break that and she goes much lower
ECDC chart turning very bearish.. going to head much lower which will cause panic.
Much lower IMO chart turning much more bearish
Why? All signs point to ECDC tanking IMO
lol too funny
Should of sold in the .04's or .05's. You can still sell in the .03's, if not you will just watch your profits start disappearing.
Yeah its always the same routine on the boards
Common we already know the answer to that question.. no posts on ICPA should be a huge clue
It was an impressive run thats for sure.. to the bag holders you can't say they weren't warned this would happen.
Your now in day trader hands.. they came in to play the bounce once they cash out of the bounce this will head lower.
Small bounce but look for another huge nose dive lower IMO
That 730K BID was fake.. look how fast it disappeared
It will get ugly in a hurry as everyone will try and exit from the same door.. watch what happens.
You mentioned mid month and end of month, what I'm saying is there is no set timeframe for a margin call. They can happen whenever (if account value drops below a certain point depending on brokerage) the call is made. It doesn't have to be mid or end of month.
Market Makers 99.9% of the time don't have to worry about margin calls because they have too much cash to work with so they can hold a short position for a very, very long time.
Are you serious? Do you even know what a margin call is or how it works? There is no time frame for a margin call, none what so ever.
You only receive a margin call if one of the stocks you bought (with borrowed money) decreases past a certain point. The brokerage will then alert you to either deposit more money in the account to bring it to a minimum maintenance margin or if that cannot happen you are forced to cover.
Considering the amount of money it takes already to short pennies, its only done by those with deep pockets and when your talking about Market Makers they have the cash in order to meet margin calls by depositing more cash to meet the call.
Yes, thats exactly it. Not joking at all. When there is too much koolaid served it wrecks a run especially at this stage. The "excitement" is all for show for the majority of those serving the koolaid. Its only meant to attract newbies into buying.. watch what happens when the pullback occurs, all of those so called "longs" will be gone and the only true longs that will remain are those that are now holding the bag.
Sure some will stick around and say its all good but in reality they have already sold, booked profit and soon will be onto the next one.
It happens all the time.
Short term at the most I'd say a test of .04 is possible if the MOMO continues. Long term its hard to say, it all depends on how well support levels hold when the correction occurs and the kind of PR's the company puts out.
You do realize this is being set up for a huge short smash and grab? Its amazing how many people cannot see the setup by the MM's.
Okay. We will see.
Whoever wrote that article I can bet doesn't know even know how to read a chart properly. Most that say "charts are pointless" fall into the same category, they don't know how to read a chart and therefore they automatically think its pointless.
Its actually human nature, if one doesn't understand something its deemed as pointless and thrown out the window.
You absolutely 100% sure about that?
Low volume, low liquidity the charts don't apply. High volume, high liquidity charts are applied.
So exactly what happened to all the posts screaming shorts had to cover before end of the month? Today is the end of the month and yet that site shows an extra 14 million shares shorted.
Its not worth the time or effort here. Most here will tell you to throw the chart out the window and that ICPA doesn't need a chart because shares are headed to .25+ no matter what happens.
Logically ICPA is due for a big correction but if you bring that to the table you just get called a basher and shorter. I stopped posting about the chart and technicals because the only way some will learn is when they get caught when this pulls back heavily and they are holding the bag, then and only then will they learn.
""MELY"" >> more coming tomorrow
""MELY"" >> more coming tomorrow
""MELY"" >> bullish reversal
""MELY"" >> bullish reversal
In low volume or stagnant tickers I agree they hold no value. However in liquid, volatile and or steady volume tickers they hold a lot of weight. JMO