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IMO the increase in volume over the past couple weeks wasn’t people taking short positions. Why would people be getting short when a stock is oversold and basing on support? And I’d assume that finding THAT many shares to short wouldn’t be easy. There’s a buyer for every seller, vice versa.
Increasing volume on the daily chart (above average volume) while price is pullling back. RSI making higher lows while price action is making lower highs (bullish divergence). Kind of looks like accumulation IMO
So you would t consider it a negative sign? Like a hidden dump?
I'm surprised that no one has brought up the "iceberg order" or hidden shares at .0024 at the end of the day. It makes me question where everyone's best interests are, overall. It was blatantly obvious that shares were hidden at a strong resistance level, though there are no posts related to it.
Shares are hidden in more markets than just the OTC. Usually it's before a big move, because it's insider volume.
It did tap .0025 in the last seconds. Obviously it didn't close at that price, but why did it take 20 mil in volume to break a 610k ask?
That activity was odd. The stock looks excellent technically on just about every time frame you look at, but those hidden shares has made me sceptical. Either someone was loading up before a big move, or someone was dumping before a big drop. Thoughts?
If anyone truly watches this stock on a daily basis, then they had to have noticed it. Especially because this happened before a huge resistance and at the end of the day. I'm curious to why I'm the first person posting about it. I'm long btw, but I'm very aware of manipulation.
Did anyone noticed the potential hidden buying/selling at .0024 in the last 10 minutes? The ask was at .0024 and had 610k shares. I watched the volume increase by around 15-20 million (buys at .0024). But the ask never changed from 610k and never broke through to .0025. Thoughts?
Strong test of support this morning. Heavy on the bid. Looking good! NGCG$
It humbles me that you are so concerned about the investors of NGCG. So concerned that you are willing to perform research and post negative things on this board on a daily basis, just to insure our awareness of this stock being a potential scam.
-Thank you
How would they know of news before anyone else?
.04 at 04:00 on the 4th.
Another great Friday! Have a wonderful weekend everyone and i'll see you all come Monday!
.04's Here We Come!
I really hope so! This looks like the same pattern as the past 2 days. Wouldn't be surprised to see a -.001 day again. I'm rooting for power hour though!
These walls need broken. Preferably with a sledge hammer made of volume.
In the grand scheme of things, is it fair to say the past couple of days haven't went our way, but these small red days aren't necessarily a bad thing? My take on it is there is obviously some manipulation, but the honest shareholders are holding strong. More volume would obviously help the Bulls, but looking at this from a psychological perspective, it shows characteristics of a strong stock and strong group of shareholders. Just my 2 cents. Now let's get to 10 cents!
Another bounce of the +DI off of the ADX indicating another big move?
It seems to me that there will be plenty of profits to go around! Best of luck to you and all other share holders!
I'm still new to iHub and trading overall. I was fortunate enough to get a decent position in this stock. I personally appreciate all knowledge shared.