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12 days before the big announcement
Looks to be maybe a little cup and handle forming on the Daily chart. All good here
Good analogy
Dips are good and healthy:)
That other company ran 1800% on blockchain news the other day, can you imagine what would happen if 2.8 bil shares traded in one day here like it did on that one….. oh wait, that would be the whole AS!
Looks like the big boys got tired of sitting below .01 finally….
Your hard headed, it wants the gap fill, end of story
Nope, it wants the gap fill…..
He’s not answering the question because he doesn’t know the answer. He talks about the head and shoulders pattern but what time frame? Daily chart? Weekly chart? Hourly chart? Even if this goes back to .002 for whatever reason, it’s still going to go to multi penny + after that because the team associated with this company aren’t your average otc players…
Actually, you claimed the chart is the reason for the decline , not the news… well, until today. It wasn’t news that brought it down to this level, it was dilution and the company spells it out very clearly in the pr’s what their intentions are. Been in many plays like this and once the green light is given and they take their foot off the brake it will scream north. Glad you are able to trade so well, you must be a billionaire by now right? See you in the multi penny range soon.
No, he doesn’t, and he didn’t read the PR from 6/2 that also states below…
“In addition, we have no intentions of doing a reverse stock split at this time”
I don’t know what that dude is talking about…..ever.
The below is directly from the 6/2 news release. The AS increased was already known and will be used for acquisition purposes.
The corporate actions Fernhill will be engaging in over the coming months include making acquisitions, raising capital, adding talented people to the team, engaging a PCAOB Auditor and becoming a registered company with the SEC. Given the great impact those events will have on our Company, we’ll also have to take care of the fundamental aspects to accommodate those growth objectives which includes the increase of the Company’s authorized common shares so that the proper capitalization is available to continue to build the Company
Looks like a fully engulfing candle on the daily chart. Reversal finally here, time to move up…
It did seem to have a fluffy feel, but something seems different about this fluff. We shall see… it isn’t like a lot of the other otc fluff I’ve seen in the past, more of a quick update to let folks know they are continuing to move forward.
Uh, yeah, just relax… in 1 year it went up 9000%, let breathe for a bit.
Pretty sure most are just ignoring that guy….
I averaged up to .0117 along the way. Just waiting for the big boom.
Nobody cares….
Yeah right dude....
I believe the company is “raising capital” for acquisitions... you know.... the D word.
Gapping on L2
Lol, what’s going on
Correct, 50 ma is 0068, it pretty much is bouncing off of that, if it holds then we continue to steadily rise until the big news starts to flow. All good
Dude, they haven’t even released any news yet. Look at the overall chart, this has traded above the 50 ma for weeks. It has to take a breather now and then. This is healthy for future growth.
Lol, bid is higher than the ask. When this is released it’s gonna go fast.
This is clearly being loaded.....heavily.
Maybe both....
Big bids coming in
Weekly chart shows 5 weeks green and 1 red, then again 5 weeks green and this week red. This consolidation is good and will be over soon for the next leg.
Mm’s triggering stop losses, it will come back twice as fast with news coming IMO.
Kern in control....
Huge....
Nah, there was a head and shoulders pattern formed after yesterday, good opportunity here to grab a big dip.
Daily RSI only at 75, weekly at 85. 50 ma crossed the 200. This is going back up after bounce off .013 imo....
Must be some pretty good news leaking out... huge money coming in here.
She’s looking quite strong here...
Agreed
Looks like CDEL is shorting this morning
I’m pretty pumped about this going to $5.00... but the ride to $25 will be nice too.