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YES OIL 2022
@heretowin please call me out if we do not see at least +20% tomorrow
Thank you!
This has a solid day tomorrow.
Daily frame has many technical flags saying so.
Of them, my favorite is the high wave candle today. It usually leads to a large move.
My bet is that the large move is not down
YES OIL 4.28.2022
Not quite a million shares today.
Today’s price action is not a strong data point
Who’s with Me?!
Respond YES OIL in all caps
Hahaha
YES OIL
YES OIL
Hahaha this is too funny
Is this from 2022?
Good point. Valid and meaningful
As per press release on 2/13/22
“further announcements and updates will be made by the Company in the coming weeks”
Has not happened thus far. Doesn’t mean it won’t.
Lack of evidence is not evidence of lack
No news
No update
No selling
This name found small buyers on Friday afternoon. Overall market was experiencing nasty selling.
Someone will say OTC is uncorrelated to NYSE and NASDAQ.
Okay…
Go back and study that chart on the daily and weekly frame.
Over the last 6 months plus, you will see higher volume up days and lower volume down days/weeks.
That will tip you off on what is happening. Accumulation or distribution.
You will also see a series of higher highs and higher lows on the weekly frame.
The lack of CEO communication and update can be frustrating. When we are in the dark on what is happening, we just rely on technical analysis.
Just one perspective out of a sea of many…
For perspective, less than $10,000 changed hands here today
Those of you who picked up under 009 recently, nice work!
No selling volume here. That’s your tell
It does seem like the right time a d right place for oil. Plus, the low volume is easy to make the stock look a certain way.
But the investor here literally has been left in the dark.
We can long term hold based on technical analysis, but nobody has the foggiest idea what’s up here haha
I don’t know what’s going to happen, but this would have to get above 018 for any significant move to happen
Making a bull flag on the daily frame (on decreasing volume).
From a technical analysis perspective, this could not be more of a bullish pattern.
I have an f250 and I just drove to philly this weekend with a loaded trailer. $150 per tank. Good for cgra if they have oil.
Nobody knows if they do or do not have oil. It’s only opinion. Place your bets. Or don’t.
https://www.bloomberg.com/news/articles/2022-04-17/u-s-natural-gas-surges-to-13-year-high-on-global-supply-crunch
Is your cup half empty or half full?
Think about that question for yourself.
Living your life from a positive perspective is much more rewarding. Everything is a mental game. As a man thinketh, so is he
Lack of evidence is not evidence of lack
It means that lack of comment from the CEO is not the same thing as a made up comment from the CEO
From a technical analysis perspective (on the larger frames, daily, weekly, monthly), $CGRA looks like a very good risk to reward entry right now.
No idea if it works or now, but this is that place to make a bet if interested. Anywhere between 008 and 01 is the buy zone.
Above that and you’re chasing. Below that and you’re catching a falling knife.
Let’s remember the law of gestation.
Everything has a gestation period.
This is obviously not a day trade. Not enough volume or volatility to support that. So if you are here, you are longer term long.
Just a friendly reminder to be helpful.
Stars aligning
Gestation period
I appreciate your analysis!
Why would they say 100% by 4-18?
I’m for not saying you’re wrong. I have put my money where my mouth is. I think it will be 100%. I just don’t know the gestation period for this baby.
I would love to hear how you arrived at 4-18. More for learning purposes than anything else, so that i can repeat this
We must become aware of how this game works if we want to sidestep emotional trading
As a reminder, emotional trading leads to trading errors
As a reminder, the markets main objective is to cause you to trade emotionally.
As a reminder, almost everybody loses money consistently
As a reminder, we want to circumvent emotional trading so that we can circumvent trading errors so that we can become consistently profitable. We must become aware of how this game is played for my fundamental level.
FYI, message boards will lead to emotional trading
Isn’t it crazy how the makers can make a stock look red every single day but it really is just range bound
Building a base and coiling energy
Ponder that
It sure does! Absolutely incredible
The daily and weekly frame look amazing.
As long as we keep closing above 0075, this continues to build energy. Amazing!
Almost all of the meaningful volume has taken place around 012. Most are under water now.
But the drag down has been on low volume and intentional.
The psychology is that if most are under water, but it’s actually a false and intentional move. Only those that have developed the mental and psychological skills to trade will be able to navigate this psychological drama.
Just know that it is intentional
When things appear their worst…
Distraction…
Lets all become aware that this board is merely a distraction.
Higher highs and higher lows on the weekly frame.
Reclaims a penny today.
Fo-Sho-Bro?
Fake out, shake out, break out
It’s how the market makers work
Lol
Is there any chance it retested the trend line we drew from 12/08/20?
Retests are normal, healthy, needed, expected.
We have no idea what will happen, but saying that this is not looking good right now is broadcasting our ignorance
True, but the chart will tell you where you’re wrong. If you hit your STOP, you just take the loss and close it.
So far, the chart says hold but must people are interjecting opinion.
The report is a catalyst, a binary event. But the chart will still tell us to sell, hold, buy, take profit etc.
Adding opinion adds emotion which opens us up to trading error.
This is why most (>95%) are not consistently profitable. Fear/greed/opinion/ego.
I always talk chart because it makes it objective.
An example; the report should be out by now! That’s a silly thing to say. Nobody had any idea when the report will or will not come out. Let alone what the report will or will not say. This is we follow the chart signals.
*All my opinion. I could be wrong
Very simple and fundamental analysis. Draw it
Has anybody not drawn the trend line from 12/8/20?