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That doesn't mean anything to me. A lot of people probably wish you will blow it up to .005, lol
Shares to sell? I'll wait until it's bullish again. The bleeding has been stopped, but those who said it was going to reset were right. Charting isn't perfect and it can be "massaged" by traders but charts don't really lie. This isn't out of the woods yet.
.0034-.0036 prediction based on pivot points, 20ma, rsi
A higher low for the next leg up. Nothing wrong with that.
I agree with the falling volume. I use stochastics divergence and see the same thing. But I do pay attention to the RSI. I think it's a good indicator.
Hope so
Would be great! Based on what?
What's your play here?
This the share structure. OS unrestricted are the shares being traded.
Share Structure
Market Cap ?
594,592
09/01/2023
Authorized Shares
3,000,000,000
09/01/2023
Outstanding Shares
457,378,081
09/01/2023
Restricted
160,357,945
09/01/2023
Unrestricted
297,020,136
09/01/2023
Held at DTC
292,647,400
09/01/2023
It has been bouncing off 20ma which us about .0035, and the RSI will be about 40. If significant news comes out, it changes everything.
It has been bouncing off the 20ma
Could be a good place to buy back.
I like to see for myself. And for anyone new taking a peak.
OS unchanged, just called transfer agent.
I'm in this come hell or high water.
Not me. I'm in the red right. If anything I'm cost averaging down.
Do you think he's the only one?
I'll buy back in at the bottom where there will be more liquidity.
Someone unloaded a fistful.
What is your prediction based on?
The higher it goes, the lower the volume.
In other words, no one wants to buy at this level. Only sell.
I don't like waiting for news to create liquidity. So Berliner, what you got?
News with a chart like this will likely create a lot of momentum.
I'm not in yet, but I think tomorrow is the day. A low float in pennyland has huge upside.
Thanks for the response.
Thanks!
Do you have any technical info to support your prediction? I would love to see .015--.05
It would be refreshing to see more civil discourse on ihub rather than hurling insults and demeaning name calling. A point of view or argument can be conveyed without attacking someone. I'm bullish on this, but I'm open to those with differing opinions if I believe they're based in knowledge and experience. Truly, I think it's good idea to filter through both "pumpers" and "bashers."
Three of you guys doing most all the posting, but that's okay. Whatever it takes to get eyes on this. Lol!
Yeah, we'll see. Always good to get other perspectives.
I follow you on X and saw your post(s) Share structure is very good compared to the pps
Outstanding Shares
457,378,081
09/01/2023
Restricted
160,357,945
09/01/2023
Unrestricted
297,020,136
09/01/2023
Held at DTC
292,647,400
09/01/2023
The chart looks awesome, no denying that.
Better not take your eye off it. . .IMO
This is the OTC. A number of other tickers at that time went on runs at the same time. The conspiracy theories of organized pumps by powerful forces beyond our control are silly. Pumps occur, but it's more like sharks to blood in the water. It's not really organized. It's traders and investors getting the word out on a prime opportunity. It snowballs. The many runs that occurred at that time had more to do with a lot of people sitting at home during covid, who jumped into the market. Most didn't have a clue and of course were sheep influenced by boards like on ihub, reddit. . . Gamestop was the most public when it got pumped on reddit. A feeding frenzy was created. A lot of people were left holding bags, but some of the most vocal complaints about the big Gamestop run was by the "big boy hedge fund guys" who were shorting Gamestop and got burned. I even saw a guy on the news complaining that the Gamestop pump was an "attack on his wealth." because he lost a shitload of money. Boo-hoo!
As far as MGON, and all other tickers, that ran; they were prime to go. And yes, there was pumping on boards like ihub, but that's par for course and still happens. Back at that time I bought MGON at about .01 because of the share structure and potential. The chart was wound tight and ready to explode. Chart fundamentals like revenue, share structure, business plan, news. . . are important, but the technical, the charting, is critical to making money, knowing when to buy and sell. News can certainly create momentum, but you better understand the chart, so you aren't left holding a bag. I'm presently in a stock that began its run around .0008 a couple of months ago. It's around .005 right now. It has about 800 million O/S, the fundamentals are actually garbage, but the chart was wound and ready and traders jumped in. The ihubbers continue to post about potential, potential, potential and the chart continues to trend up. MGON has far more going than it does. I've sent PMs to the ihub whales, and I'm sure MGON is on their radar. If MGON closes on a couple of the other LOIs they were intending to this quarter, it will run. The chart is prime and ready. Just needs some momentum. IMO
It's likely going back up past .006 in the near future.
Day traders and swing traders create liquidity. It's important. Got to have movement and volume. It happens on the Dow and at every other level.
Certainly nice to fantasize. Sometimes fantasies come true.
Make money, as pps goes up. Day traders and swing traders make money too and are rarely left holding a bag.
I'm feeling positive.
Will be good to see. I'm ready.
Twister? Left foot green, right hand red.