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Can you get your decimals correct please, there is a big difference between .007 and .0007
Didn't notice that .0007 gap, now we can move back up
Linedrive - if you can't read charts, don't ask stupid questions
Looks like its going to test the .0125 low back on the 19th
Was that a 10M sell at .0008 ?
My take on this is that somebody wanted in so they(MM's; friend?) drove it down for a good entry.JMHO seen it many times.
Sold half my shares this morning. Will buy back when news comes out. This will only drop til news.
Nothing going to happen until news. One way or the other
Manipulation or naked shorting IMO - support and resistance means nothing to a stock like this. You just can't tell what it is going to do.
.0175 was good support on last Friday. If it closes below that, it would not be good.
MINE breaking down, now a red candle into the close.
Trending down again...lower highs and lows - Have to see where it closes.
There's a difference between bashing and telling the truth. One side is supported by facts and the other is just blatant lies.
The only thing that will help this stock is news and that might not even help.
C'mon all you smart traders....Load Up
You can't compare stocks, it doesn't work
Out of the last 16 trading days there were only 4 green days.(volume) I am convinced now that this will bottom at .008 the April 15 low. Unless, of course there is news at which time it could go either way depending on the news.
Low volume today so far. That could be a good sign that the selling is done.
Agree
So far, I have been right in my analysis if you check my past postings. Not trying to blow my own horn, but to keep newbies from "loading up" before the stock makes a reversal.
The volume candle is red. That means there was more selling pressure and it is increasing for the past 4 trading sessions. Selling probably not done yet.
Short covering in the OTC - not gonna happen. The SEC doesn't care about the pinks, that's why there is so much naked shorting. You're on your own in the pinks.
Looking at the chart I see increased selling volume and even though the price hit the lower bollie, it is not extremely oversold. I think we may see more selling pressure tomorrow. It's even possible it will go as low as the Apr 15 low of .008 - Hope not, but the selling volume is not good.
A hammer pattern is not necessarily a buy. You have to wait for the next days close for confirmation. That's the safest way to trade.
Hit .0120 on the lower bollie, so this might be the reversal we are looking for if they stop dumping shares.
Lower bollie is .0123 - could break through that to .01 and reverse, but we shall see. I think it hit .0125
Bollinger bands are spreading out, increasing red volume candles, negative CCI, parsar, TRIX, MACD all going down. This stock is going down. If you don't learn to read charts, you will never make money.
I said before it would probably reverse around .0125, but now it looks like it may be between .01 and .0125 area (if they stop selling shares that is)
OK all you smart people. Load up while its going down. Catch a falling knife. Stupid
Not saying MINE is going to be like this, but remember DEWM. CEO diluted the hell out of that stock and drove it into the gutter, but what I am saying is don't look at the product so much as you forget what kind of mgt they have.
As long as you are making money, more power to you.
Negative TRIX, MACD and RSI. PARSAR dots are above the candle, CCI (7) is at -142 a sell. All indicators are negative at the moment.
True, news can help if it is good. All I am saying is the chart doesn't show a clear reversal yet. Maybe today will be the day, but it will have to close at .0177 or higher
If you are betting on penny stocks moving like they did previously, you could be in trouble. Check out SMVR and hundreds like it. They have a great run and die a slow death afterwards. Most penny stocks, 98% probably are junk, ATM machines for the company employees.
No agenda, but when I hear people say they are "loading up here" I have to ask why when the chart doesn't support a reversal yet. Not yet is what I am saying.
Where do you pull these numbers from. You are pulling them out of thin air. It is just crazy to say stuff like that. 400% and 3000% ??
I don't have to sell shares, I just have to wait for chart confirmation of a reversal and load up, but not until the chart says so.
Not trying to scare anyone Computerbux, I am simply explaining what the chart tells me.
I don't need any help reading charts, libertyghost
Depends on how you look at the chart Tammy??? Do you stand on your head when you look at it? Five down days, doesn't matter how you look at it they are down each successive day