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some profit takers jumped in yesterday and there will be more today on this Friday. The movement of the stock will slow down today and it will churn at this level testing the .011 again. couldn't break it on pretty high volume yesterday, it tried twice. that's a sell in many eyes with a stock very overbought. Only MM's control the stock and only they know where it is going they have an end in site regardless of what ihubbers say about a the float being locked and that nobody is selling someone was selling yesterday so never believe what you read. In order for this to move higher past that .11 .12 .13 .16 it's going to need some buying pressure. If in fact tha MM's want shares they will get them one way or another. They will pop it to people to sell or pull it back to get peolpe to sell there are only 2 ways to do this. This needs a correction to keep the MOMO going and to get out weak hands. In terms of 50 cents or 1 dollar which is starting to surface on this board that is plain stupid talk and pumping talk which is happennig here a lot... smart money doesn't listen to boards or TA traders. Smart money sell into the noise and there is alot of noise right now perfect environment to sell. If this stock is going anywhere it is going to .025 cents. I don't trade od DD I trade on chart so since the chart is overbought how do i approach my exit... I don't want to be stuck on my computer every second of the day, good traders have exits I had mine .011 I got .01 close enough. Like any healthy stock and smart MM's they brought it back but it didn't fall below the .0091 support it was securing and in fact from 1pm to close it bounced off that support 3 times good enough for me to re- buy..... more to come on the chart
Posted by: Roy London Date: Monday, June 14, 2010 8:23:48 AM
In reply to: langlui who wrote msg# 103030 Post # of 103854
GM Nice board!!!......
watching CWLZ for a bounce.. nice low float with a small market cap and no FDIC.... yet. Been beaten down badly!!!
Bought back @ .0092 LOL that's 3 times for this little devil
I may buy back in, we will see how the rest of the day goes.. just had to lock in profits but I do think news is right around the corner so I will not take my eye off this..
OUT at .01 folks!!! Wow what a ride!!
D- intrday top
needs to break .011 .013 .014 then it's off to .025
double intraday top are they f-king with that as a mental
and no gaps that i can see
next resistance .013
.011 first resitance and some profit takers
wait for the volume to kick in 2 year resistance break here folks
Should be some news right around the corner
Great trading this one this is the 2 year high and what a break it would be
next resitance is .01
Not a bad chart needs some work but stairs are forming
Keep an eye on BOFL
looking like middle bollie is where a bouce could happen
BOFL
Nice bounce off the top bollie higher highs and higher lows
Watching BOFL
Spring is getting tight!
that is a two year high after that we will see .025
Reminds me of MBAH many years ago
we need some consolidating here before the run to .012
They're trying hard here
The chart was right not me
wouldn't touch this stock until the selling stops
[got out yesterday but just had to re-load on that MM's shake and fake on the sell on news fake. I never re buy But I love how this guy puts out his PR's
CMF really building now
.0017 filled the gap now you wait and see if buyers step in... Stoch RSI in the oversold this is a strong buying indicator
This guy is going to throw out a PR very soon thats what this is trading like...
Beautiful rounded bottom on the 2 year reversal in motion
Back into the nines thats where we want to be
How are you feeling now my friend there's the .0017 middle bollie could be next!!
yes sir on it's way to resistance
added more aswell love it!