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U make a very good point, im with u, think itll see mid 30 range
I agree phin, but i think .30 will give us a little resistance first, maybe a slight pull back
Phin, maybe test upper boli tom? Looks like good support at middle and lower end to me. Imo, it really needs to be break .28 and .30.. Either way, i think its going to be a big week
Good point phin, and thanks for mentioning the middle boli, just now saw that, and yes i agree, that candle could be deceiving. The hourly and daily rsi is still pretty low too, im not really a fan of sideways action, sometimes maybe, id rather see it open at todays high and run a bit then bounce
Looks like it was just an okay day today, I didn't much care for how it closed but I am still holding for now, RSI on the 5 day chart (15, 30, hourly) is showing that its already almost overbought. The closing candle itself is not my favorite, It is known as a high wave candle, and it means indecisive. And I also dont like how there is a bigger red volume at 3:30 than green. I also like to mention though, there was an increase in upward momentum at the end of the day, may see a gapper tomorrow? But imo, I think it still looks pretty healthy to move up a bit, maybe test .30?? Imo, we could see mid .30s before any kind of pullback
Thanks freeze i just totally learned something new from you
Sounds interesting, how do u know that?
Also i like to mention, on the daily chart above given, that last daily candle cld be a southern doji, a cross like candle that closes below prior candle.. This candle can also indicated a possible reversal and the end of a its current trend which has been down
Im excited too bc imo this week will tell us which way we are headed, hoping to see a test near mid .30s and solid support at .28 early this week, late this week hope to see a double top test at .45... But right now, theres about a 60 percent chance for moving up bc of the tweezers, ill take that chance anyday.. But like i said, if it doesnt break .30 and have support at .28 beware
Cuin, i was looking at 3 month weekly candle view, tweezer tops are any pair of candlesticks whose tops providing the same high price and appear in an upward price trend. The belief behind the candle pattern is that the twin high price marks overhead resistance. But the resistance is weak.. Imo it will go up because 3 weeks ago that weeks candle was a low at .22 and appears to be in an uptrend now. And then it gave us the 2 tweezer top candles. Pretty good chance itll go up imo
Sorry i ran out of posts yesterday, it was the 3 month, weekly chart, candles view
DESCENDING SCALLOP
on a side note i think i mentioned earlier that I think a good bull run will take us to about .58 thats my calcuated prediction from the charts
yep i agree, seems like a lot of shorts are probably covering!
much more momentum too in the last month pointing up
thats right yerboss, thats my price range for a good bull run, looks primed too imo, yeah and i hear you on Cdel and Puma.. I think they may be done though or here soon.. Next week I think will tell us if they are or not. with a new weekly candle, given the last 2 WEEKLY candles on the 3 MONTH weekly chart view. (tweezer tops and tweezer bottoms!!) I actually haven't seen both tweezer tops and tweezer bottoms on a given chart, I have only seen one or the other... looks very interesting imo!!
idk about anybody else, but when i bought shares on Friday, my order took awhile to be filled, seems to me they were a little harder to get for some reason, by that I mean, it took a longer time to be filled at the asking price.
more volume by more buying for higher prices and from flippers on the way up
Nice point, by bigget volume i mean to say about 5 million give or take for next week
Be nice too see some bigger volume next week,
Ur welcome, and i will, on a side note, i have about 5 years of extensive experience using tech analysis and chart patterns and candlesticks, im not a pro or a professional broker, but i am pretty good.. And i can say that with confidence. But overall, this stock is going to fly hard in the upcoming months imo
Wish i cld show u what im looking at for my analysis, hey if ur close to noblesville indiana i will
Yes to all three of ur questions, and larger nyse and nasdaq plays.
Also,If it doesnt break .28 or .30 beware for a downward breakout, usually the inverted descending scallop isnt good, usually have a push to tell u how far down itll go, the difficult part im having right now with the pattern is if we have seen the bottom lip, we may already saw it or its setting up to see the bottom, if it tests a new low itll form a bittom lip and the bottom head of in inverted head n shoulder imo
Should see a push imo, i decided to get back in on friday and see what happens, the overall pattern im still seeing is a megaphone, may have just seen the bottom lip this week and the past couple weeks, if it continues to break up we will see .58 which makes sense because there is a gap up there that needs to be filled and will allow a close above .45 for the big W pattern and test the ma 200, which will allow a run up to a 1.02 . if it rises a little bit and breaks downward, we will see teens, but overall it looks primed to break upwards bc of the bigger green candle i saw on friday compared to the reds all week indicating bulls are back. Right now its 50 50 chance shot bc the 3 month pattern on weekly chart shows tweezer bottoms and tweezer tops. These are all of my shorter term price calculations, if it runs upward itll be a Long Run with a bunch of flip opportunities along the way, back to dollar land
inverted descending scallop = last week candles
Gravestone doji candlestick close, cld signal end of uptrend
Me too gltu
need some really good news for that
yes i sold for a profit, and i am very happy with it. too risky for me to be holding right now, looks like .30 is the horizontal trend line for the broadening formation, right angle. It didn't even have enough momentum to test the ma 50... gltu I honestly think it could see teens
careful here guys, imo, the chart above is showing me a right angled broadening formation over the past few months. and they tend to break out downward most of the time. if im right, this could see teens! around .15 ...with this, it could create a bottom head and shoulder pattern which then will be good and run for a long time in an uptrend.. Im waiting..gltu all...And no I am not bashing this stock at all, this is my favorite stock that I have ever traded.
No problem stok,gltu too
Its not the best candle, ill be watching monday because it cld fall back to wednesdays candle, wont really know until monday bc the evening star has three candles, yesterdays, today, and monday. Watchout below on monday if it is!! Fall back to thurs days low
Setup for an evening star imo
too risky to buy back in now imo, most of the volume today is from selling, and the momentum is going down a bit
going to be an interesting day imo, on the 5 daily 5 minute chart, it still may look like bears are still dominating a little bit just because of the bigger red candle on 10/14 ...waiting to see, nice cup formation though!
haha very funny mas dinero
doing a double top at .30 right now on daily
i was reading someone elses post, but if it closes like how the candle is right now im back in, otherwise i think it could turn into a dark cloud cover. Im looking at 3 month, daily chart..waiting to see what todays candle does
may test the ma 50