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MFI dropping to the needed levels for a breakout.
That .0003 paint was the best possible case scenario.
Best case scenario is for this to close at .0003 and make this huge volume look like buying volume.
Accumulation/Dist line is very high on this one. Good sign.
The Accumulation/Dist Line is literally off the chart.
Only thing this has going really is that doesn't seem like a dilution sell off, the accumulation has been really good and the up trend is still going. Next two days will tell if the trend continues, today is just a bad day. Best case is this closes at .0006 but will like be at 5.
It's only a horrible play for those who sell for a loss. This is presenting another opportunity to reload, imo will try to test .001 again. Not sure if it will pass it, but the technicals and up trend are still there. This is classic paranoia in pennyland whenever a stock goes down, same goes for pumpers when it goes up.
Alota panicking here with no substance. RSI is still above 50 (bullish), sma 50 (short term trend) is still .0003. IMO this will try to test .001 again soon. Not too sure if it will break it but this is not done yet.
Pathetic volume today.
Today's sell off and close call on 5s is a testament from the market that this won't fall past 5s. Classic bulls/bears clash.
There are two key resistances here for it to really turn wild. First obviously sma200 thats the main one, once it breaks and closes above for a couple days anything can happen for the long term, literally. Second one is 0014/5. Thats a short term resistance that stopped the last breakout, that if broken can make this skyrocket in a single day to the .002s and maybe above. All of this obviously are better case scenarios. Gtla
NEEDS to close at 7...
This NEEDs a close at 7 or better otherwise i'm bailing. I'll risk it a bit tomorrow if it closes at 6. But a close at 5 and I'm deff out.
B Bands on 60 min chart are starting to pinch again. Big movement to happen today or tomorrow.
Don't think break will happen today. Chart is still solid and with the strong bids at .0005 and .0006 the outlook is bullish still.
What a battle here. No one wants to be caught up here on the trips, but at the same time the existing shareholders don't want to be left out if it goes up.
The action here speaks for it self. Bid on the 6 range is too strong, but still not enough buying at 'cheap' levels at 7s. Tells me many are still on the side lines to see if the sma200 is broken. That's the pot of gold there.
Ask at .001. Enough said.
7 is a strong close. Great pattern building up for tomorrow.
37 mil dump at .0006 is not a good sign. Hopefully it's just an impatient retailer.
it's extremely rare for plays at these levels just bust open through the sma 200. As long as it doesn't hit 4 again, this is solid until another crack at it.
It always intrigues me when you see people playing with like 50 bucks. Less than 100 bucks sold at .0005.
"ENIP IS WORTH IT/ NO DILUTION, AND WALL STREET GIVES ONLY POSITIVE REPORTS ON ENIP. EXPERTS SAY ENIP WILL BOUNCE TO .001 AND STAY THERE. TTYL XOX " --- see, words are just words here on Ihub, anyone can write anything with the CAPS on.
These levels are always hard to break from, especially with a tough sma200 line right at .001. It's hard to not take some profits when two ticks above equals close to 50% profits.
I'm sorry for all of those who are still 'believing' in this. Classic scam R/S. I have yet to see a stock here in OTC come out from an R/S better than before, it doesn't happen for a reason and it won't happen. 'Product is real' is another bad excuse to believe in this. It's actually quite simple to produce like a couple thousand bottles of a bad tasting drink, pay stores to place it in the front so you can take some pics, pay some mid level athletes and promote yourself as the next cool drink, (all with share selling money). I'm not bashing here, it is just plain reality. Do some 'DD' on energy beverage otc stocks and you will understand how they work.
There's no good case scenario for a R/S in pennyland, it's that simple. This will be brought back down again. Rinse and repeat. It's a well known tactic for 'beverage' companies in OTC to pay stores to carry their drinks in limited amounts so they can use it for publicity, this is a classic beverage company scam. Ever since Monster, many beverage scams started popping up seizing on those hoping for another break though energy drink. It sucks, and I really feel bad for those caught up in this.
This is sitting perfect here. You seem to not know what an actual pump and dump is.
it NEEDS to break right away and stay above. I've seen way too many times, stocks have their runs crushed by that line.
What a battle for shares this morning. You can actually see on L2 MMs trying to hold this off. Anytime 7s are on ask they get eaten up.
Classic bas*** with no idea how to look at L2. Let's move along. Next...
The bid stacks are at every level, the interest is there, just needs to swift through the major sellers here which is normal. This sma 200 line is where it's at, if it breaks, this flies.
Classic bas***. In other news...looking like a 400 mil vol day here. Great bid stack on .0005 and looking to regain strength here past .0007. It would be a very bad day if this went back to .0004.
Same thought here, even if you are a believer you can't deny that the .001 range will be full of sells. But you never know how strong the bulls are, so selling just some of your pot is good idea.
It's a simple average moving line for the past 200 days. It's a mid-long term trend line meaning that if it's broken, the likelihood of a trend up or down is confirmed respectively. It's one of the hardest lines to break, if it's broken and pps keeps closing above it, it confirms a mid to long term trend up. Many run ups usually end at the sma200 line, but this stock has the chance to really break out of it, because the line sits very low at .001, and the strength here with the buying volume so close to it is perfect scenario for a break.
No more doubts here. This *will* hit .001 and or .0011. There will be *many* selling at those levels due to the sma200 line. But if it does pass it. Next resistance is .002 and if that's broken, anything is literally possible.
You have to be impressed with how the bid is getting stacked at every level of this run. This is *exactly* what you would want to see in a big run.
They are being swept right now. 7s are coming. Now this is interesting. Will it get stuck again or fly off. My prediction would be to get stuck around 8s. Once 8s go, it's an easy way to test .001s.
The bids on .0004 are solid as rocks. It's just a awaiting game on the people who are waiting to buy but want to get those .0005s before it goes off.
The notorious calm before the storm.
Very curious to how MMs are playing this, which will be the pps that they stop with the ask walls and let it rip. IMO will be 8s.