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The chart says “wake up” “pay attention”
The thing is, Bill just won’t give up.
If this doesn’t go, he’ll keep on until something does
It’s a good place to park some cash
Credit DDking, not me
https://twitter.com/justiceleaguedd/status/1468599143732027396?s=21
Shivers
I bet we hear news very soon. This chart is screaming news.
It’s way to strong for it to be straight up speculation
Sorry, that truck one goes way back. I’m an OG though so I recall
But he also bought a truck didn’t he?
Haha the prize is that you win! If you apply that law, you will be rewarded.
You already know this.
Thanks for answering! Have a good day
Quiz:
Today, this company is down 10% on 500,000 share volume at 11 AM EST.
Is this move considered an important data point? Yes or no
(I just want to see if any of you actually read what are you write)
Thank you for your persistence and integrity Bill. I appreciate you. You continue on no matter what. Not just when it’s easy or convenient. You have made a committed decision to make this work, even if it takes 1000 attempts. There is no failure to you. Just feedback.
Also, when you go through a phase shift and have success, that will make others feel little. This is how you acquire haters. If you acquire haters, it means you’re doing something right. Trust me, if you can walk on water, your haters will say you can walk on water because you can’t swim.
(it’s important to remember that ones definition of success is different from person to person. Can be money, doesn’t have to be)
Others may disagree, this is my opinion. I’m happy to be here and I appreciate Bill.
Thank you
I appreciate you.
I try to share my bullish opinion but also stay neutral at the same time. Add The possibility of the opposite happening.
Nobody knows what will happen here and so if you read a post that is 100% biased one way, you know the angle.
Thanks!
So you are thinking a partial sale of the Wyoming project for 25ish million to help fund other projects (as opposed to dilution)?
Sounds good to me. Actually, both your idea and my idea sound pretty great for the share price. I’m happy with either quite honestly. You?
I just want to be clear that I’m not really trying to say you are wrong or argue.
You make valid points and could certainly be right and I will contemplate. Thanks for the ideas!
For sure fun times! I have also been a fan for a while.
In my opinion, Bill will dilute it and add shares. It’s just how this game is played. But he’s not going to do that at such a low share price.
My thesis, and I could be totally wrong… But this is methodical chart manipulation, and so you have to ask yourself, “why”? It makes sense for the makers to
Manipulate so that they can run it higher than they otherwise could. At this high price, is when shares will be added.
It is certainly possible that Bill won’t do this, but the vast majority of pennies act this way. I’m just playing the historical probability here, but I obviously don’t know how it plays out.
One question for you: why would you file for a shelf registration if you weren’t intending to use it?
This weekly chart
My opinion here:
The algorithms manipulate price action to therefore manipulate psychology. Human psychology is what runs the stock market.
You’ve heard 100 times that the two emotions of fear and greed are what come in to play.
I personally think that algorithms are just a mathematical way of manipulating psychology to achieve a certain outcome.
Yes weekly chart is so textbook that it likely is professionally made
As a reminder for today…
The volume average for the last 50 days is around 6.5 million.
Volume confirms price action.
1.) identify candlestick patterns and areas of support/resistance as evidenced by price action via candle chart.
2.) confirm number one with volume.
3.) delete all personal bias and let Numbers one and two dictate your action taking.
-Below 6.5 million on the day is low relative volume.
-Above 6.5 million on the day is high relative volume.
Given that the 200 day moving average has acted as support for this name on a historical basis, and there was a take down in price action to this 200 day support level on low volume. We can speculate that they move to the support level on that low volume was fake and should be bought.
My opinion. Anything can happen. Nobody knows what happens next. I just wanted to add a perspective with actual verifiable data.
It is important to know the character of the particular stock you are watching.
Historically speaking, this name has found support at its 200 day. This time seems to be no different
Hahaha
This thread is funny
Funny isn’t it
Also, this company has no money. They will have to raise.
And they aren’t going to do it at a price of five cents
Agreed. It’s coming. Chart doesn’t lie.
Somebody is absorbing
*my opinion
Candlesticks and volume are all you need.
They are the basic fundamentals. Until you absolutely master the basics, you can throw your indicators in the trash. After all, what data points do you think your indicators pull from?
It took me a long time to learn that. But when I did, the game changed.
I beat the other players with the basics. You can too
For reference, around 6.5 million is your 50 day volume average
That means if we trade 6.5 million shares today that is average. If we trade less than that, that is low relative volume. If we trade more than that, that is high relative volume.
A close below 0.01 on volume higher than 6.5 million breaks the chart
Perspective…
November 1 was your short term pivot with a low of 0.01 that day.
At the current, we have not made a new lower low and so the chart (although intentionally ugly) is still intact
Remember that a Japanese candlestick requires 4 components to be complete. Those are the high, low, open, close.
As we have discussed here at length, using smaller timeframe charts on this name is a waste of your time currently. Therefore, we can then choose to use the daily chart as the absolute smallest candle we look at. So without a close, it is an incomplete Japanese candle and so it can’t give you a reliable or meaningful signal until the close.
Japanese candles are the fundamental tools of the stock market. The fundamentals win every game, every time
Maybe! We will see how it closes to be sure.
I agree that a close below a penny on high relative volume is a sell.
I also agree that chopping around bear 012 on low relative volume is noise.
Do y’all think the action is getting tight around 0.12?
I JUST ATE LUNCH. GOOD LUCK
Happy Friday team!
Let us remember that it is not wrong to sell your shares. But you have to establish cell rules, otherwise you will make emotional and irrational trade decisions based off of noise.
Most people have not acquired this skill and the people that have, know that. The makers also know that.
All they simply do is take advantage of that one simple fact
As good as a trader as you are, I would imagine you didn’t make an emotional decision.
Is that correct?
If so, what stopped you out?
What were your sell rules?
Looks good here
Holy smokes
300k shares in volume today?
That’s like 3500 bucks
Reminder…
CGRA had closed above one penny every day since August 11, 2021.
We are being supported above a penny.
Therefore, any purchase as near as possible to one penny is a good risk reward.
*if this name closes below one penny on high relative volume, then this thesis is broken. So far it had held up.
*I am not a financial advisor. All my opinion. I could be wrong.
Accept
Anybody who has been here for less than a year and therefore doesn’t have a significantly lower cost basis than the current price, is under water on their position.
That’s intentional. That causes financial pain and causes people to lose shares.
The low volume take down to this level, has an obvious intention. I just want to shed light on this game and how it is played.
This is what I mean when I say watch for a daily CLOSE under one penny on HIGH volume
Reread that. If that happens, that is your indication that something has gone awry here. If that has not happened, then things are in an OK position.
* I am not a financial advisor. Make your own trading plan and trade your plan. Trading in equities and especially penny stocks can be risky. Except that risk or don’t play. It’s a game. A game of money management. Most people that have not learned the game allow themselves to make emotional decisions and actions. Don’t do that.
All my opinion. Not intended to be specific advice
Note the change in character on this chart…
It has been supported and has closed above a penny since 8/11/2021.
Since that time, the volume has increased considerably.
That is a change in character for this name.
No opinion in this post. Just data. You decide what it means to you
0104 low today
700k shares volume (low)
Being supported over a penny
*if we close under a penny on high relative volume, the chart is broken.
If we do not, the chart is intact
Remain solvent. Keep perspective. Do not trade on emotion
Looks good here.
Just chopping around over a penny on low volume. If you look at the larger timeframe chart, like the weekly chart, you will see higher highs and higher lows.
Keep perspective
It’s just noise until we hear news of the LOI and/or Survey of land.
* disclaimer, I have no idea what will happen. I just know that the chart is setting up for a large move in one direction or another. Probability says it will break higher, but nobody knows. Anybody that says they know what will happen, is lying to you or has inside information.