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Big volume spike today. Something is going on.
buying opportunity today. Better load up while you can. It's only a matter of time.
Volume Spiking
Insider Buying: Outlook Therapeutics, Inc. (OTLK) Director Acquires 19,390 Shares of Stock
Outlook Therapeutics, Inc. (NASDAQ:OTLK) Director Kurt J. Hilzinger acquired 19,390 shares of the firm’s stock in a transaction dated Friday, February 1st. The shares were purchased at an average price of $0.75 per share, with a total value of $14,542.50.
Sequans Partners with Deutsche Telekom on Integrated SIM for IoT
https://www.businesswire.com/news/home/20190226005023/en/Sequans-Partners-Deutsche-Telekom-Integrated-SIM-IoT
Oh that explains why it worked for me, I did it before the change
Interactive Brokers
I was able to buy with TD Ameritrade with no issue. I could not however buy with IB.
Sequans Communications SA (SQNS) Receives $2.22 Consensus Target Price from Brokerages
https://www.fairfieldcurrent.com/news/2019/02/24/sequans-communications-sa-sqns-receives-2-22-consensus-target-price-from-brokerages.html
X is still running strong. Hit my 24 target and looking solid!
Go X!
Interesting and informative report on Outlook Therapeutics.
Broke thru ALL time highs and Volume picking up each day. Super low float and public exposure. IMO, Barring a fluke, I'm still thinking we hit $8 to $10 in the short term.
Good luck to the longs
X goes up from here. Run back up to 24 in the short term
Harvest Health & Recreation looks to increase its footprint across the US
https://www.potnetwork.com/news/harvest-health-recreation-looks-increase-its-footprint-across-us
I know, i'm just playing along. But it is amazing how little attention this board is getting. I'm trying to read everything I can find on Harvest and it really does look like a winning play at these levels. I'm going to predict that we will see a test of the all time highs this week and $8 to $10 down the road a bit.
Good luck stlogic!
Okay, I'll keep it quiet till it reaches a new all time high. I'm guessing by then this board may be up to 3 to 5 posts a day.
I'm thinking this is the calm before the storm. I've seen a couple promos for this company and they just appointed a new Chief Marketing Officer. With this low float, this could really move if it gets some volume.
I'm thinking its time to get in!
Look at the weekly chart to see the bigger picture. Even if you don't know the first thing about charting, you have to know this looks amazing.
Charting 101 - It's been riding and staying above the 8 period EMA for months. The pullback this round has been on low volume. Steady stair stepping.
Even if it tests the .0091 range it is still in beast mode. This is the area to buy if you believe in the stock and want a great entry. And if you are short, this is the area to cover if you don't believe in the company because charts don't care what mud you try to sling.
JMO but based on solid evaluation. Good luck to the Legion of Dewm!
DEWM is no longer easy to borrow at IB which could mean there are lots shorting or the shares are locked up.
Oh, heck yes. Plus we closed well above the 8 day moving average. Aside from it being a frustrating day to watch it was a constructive day for the chart.
We consolidated which was needed to let the 8 day catch up so we will be coiled for the next push higher which will likely come Monday with some good news as usual. Plus I picked up some more shares today at a discount.
Anyone holding shorts over the weekend is in for quite a squeeze Monday morning. Hopefully that loco mofo guy is holding some short :)
JMO
Good luck longs
Candle stick charting basics for anyone who hasn't studied them.
When a long wick makes an appearance, often times price will move in the opposite direction. So when the longer wick is below the body of the candle, price has a tendency to move up. Conversely, if the longer wick is above the body of the candle, price has tends to move down.
In a practical sense, this means the seller’s numbers were not great enough to keep the price at that lower level. The buyers were able to push price back up from that low level thereby showing strength. Since the buyers triumphed in that sense, there exists the potential that their strength will carry forward and the price will rise from here.
Looking good. Go DEWM
Hold those shorts over the weekend, I dare you
Anyone shorting today that knows anything about DEWM will cover before close because there is a very high chance news hits on Monday. The covers are buys and will raise the price. I'm picking up cheap shares and so should you.
I admit to not knowing how that all works. So why couldn't Marco just buy the shares on the bid or ask and retire them? That seems like the easy way to do it.
Oh no doubt about it Weasel, Thanks to you too. You are a great asset to the board. I knew I missed a few but I was headed out the door as I was writing that post and was in a hurry. There are so many people that make a difference on this board and each bringing their own unique strength to make the collective that much stronger.
You and SOUTHGAS, BigTimeWinner, AlohaJoe, Shelby, rreddogg, MukeyPuck, and the list goes on.
I'm sure I still missed a dozen or so but I'll thank each of you at the after party in person.
Good luck to the entire Legion of Dewm
Well said AlohoJoe, I'm glad you're part of the crew. Let the good times roll. Hopefully when the ship comes in we can all get together for a giant celebration party!
The BS and the haters get old but they are just going to get eaten alive on this one because DEWM isn't just a pump n dump. They are transparent to anyone with a brain so I stopped paying attention to them for the most part.
Today's price action was constructive and although it was soooo boring to watch we still closed up almost 11%. We have a solid base at .015 to build on and the pipeline of great news just keeps flowing. Sunny days ahead!
The chart looks amazing to me. Assuming there is no big news tomorrow which is about a 40% chance any day of the week for DEWM, I could see the price action go one of two ways.
1) We go sideways and consolidate between .0147 and .016 (maybe .017) for a day or two to let the 8 day catch up.
2) We move up steadily over the next day or two to test .02
With either scenario, I think .014 is going to be a steal for this stock if you can ever get it at that price again.
JMO and Good luck to the Longs
A sincere thank you
I'd like to thank the Legion of DEWM (Hatter, Pigeon, Swinetime, GEMINI97, doebop, duelittle2, Diamond Dave, HighYieldStocks, and the list goes on) for all their hard work, DD, their Sage words of wisdom, and leadership on this board.
I've read a lot of boards over the years and this one off and on for 3 years and never posted because I never believed in the stock nor the people on the board. Most boards i've read are little more than two factions of people with agendas with one saying we are going to $10 tomorrow and the others saying we are headed back to .000s tomorrow.
The leadership and real contributors on the DEWM board are so much more than just cheerleaders for the company without minds of their own. I'm not insane, I know they and I are all still just people with agendas (to make money) for the most part but I don't feel like everyone is trying to perpetrate a scam with every post.
So thanks and best of luck to all the longs and especially the leaders and silent majority that read day after day without ever chiming in. I think DEWM is for real and with time will make it to the NYSE someday.
Just the facts, go DEWM
LMFAO! you are so right NoMoDO, he could however stand a double shot of V-Freshener.
Go DEWM
Price action today was slow but could have been worse. We went down on super low volume compared to the up days. I expected the pull back to make it to .0047 or so which held up the first half the day. We need a little volume to get the party started. PR is way overdue, so many good things going on yet no PR...
The chart is not broken by any means. We closed just below the 8 day and way above the 21 day. Assuming there is no PR, i'm thinking we open flat or down a tick then start our move back up tomorrow. That being said, as long as we can stay above the 21 day, I'm still very bullish on the chart. I think the next leg up makes it to .01 with very little trouble.
These levels are very buy-able for anyone who has done the slightest amount of DD on this stock. I'd like to thank the guys on this board who have done all that for us already. You know who you are.
JMO and good luck longs
Chart Looks Great!
I'm expecting a bit of pull back tomorrow and maybe a day or two to around .1135 or so before the next leg higher. I'm thinking pot stocks are about to go crazy again. Good luck everyone!
Today's price action
Today went about how I expected as you can see in my post from last night. I was thinking it would open flat or up and test the .008 area before settling back down to the .0057 range if its really strong but more likely to see the .0048 range before it makes another run.
It did hit that level today and is holding up nicely. Tomorrow is a bit trickier to predict but I'm guessing it will open flat or slightly up and dip back a bit farther to possibly .0047 but then move back up pretty quickly. It could move back up tomorrow or it may take a few days but I expect it to put in new recent highs and test .01 and likely bust above it in the near term.
I picked up some more in the .005 range and holding them tight.
JMO and Good luck longs!
Today's price action = Healthy
Today went pretty much like I expected. As you can see in my post from last night, I was thinking the overall dip would go to around .0125 or so and it was real close to that already on relatively low volume which is good.
My thoughts for tomorrow:
If there is substantial news, we will open strong and move up from there.
If there is no big news, I'm guessing we open flat or down a bit and potentially retest .012 to.0125 or worse case, if .012 fails, it could make it down to .011 without hurting the overall chart.
News or no news:
When it does turn back up, I expect a multi day run back thru the high (.0176) and making it up to .02 ish where I think it will need to put in a bit of work to bust thru.
Well said doebop! Sage advise.
I'd only argue on one point. DEWM has been staying true to support and resistance since the DEWM BOOM began a several weeks ago.
I know that a huge announcement or anyone with a fat stack could turn it on its head but so far it has moved like clockwork. Today it bounced off the 8 day as I has hoping and I'm expecting the next leg to take us to about .02 cents. If you are in for the long haul thats not a big deal but it makes me feel better knowing its doing what a healthy stock is expected to do.
IMO as always & Good luck to the Legion of DEWM!
This is a high probability entry point based on the daily chart which tested the 8 day and bounced off like clockwork. On the 5 min chart, we just made a higher low for the first time since the selling started.
JMO
Great post! No BS, No claims of $1 by eod, No scare tactics and lies. I can't even detect a hidden agenda.
I agree 100% with your assessment! GLTY
I agree 100%