Morning crew!!! Man, what an awesome couple of trading days. We have everyone's attention now, but just wait until we get the BETA server results, and then the accompanying 8K
For new traders or conspiracy theorists, we are 100% solid here. People took profits, that's just plain honesty. I was one of them.
It's normal and smart trading IMO. Tick flippers and those selling on the way up, helps the volume and most importantly, the chart.
Double bottom or W pattern here now. We clearly see the support level. We also know that 40 resistance can easily be broken. The RSI still has headroom but is getting higher. There are instances where RSI gets trumped, and depending on the reaction to news/catalysts, it can stay at 80's plus for days.
This is a mid-long term play here. October-November area I think .01 becomes support; it's going to slowly trade UP to that. Look at any solid chart and you'll see it goes up and up, consolidates, then up etc etc
I'm super stoked for this weeks new catalysts and you should be as well. I know we're getting attention and new players. That's a great thing.
MELY is a quality ticker and I'm not seeing dilution or massive dumps etc.
I also believe bigger groups, and stock pickers etc will be talking about us as early as possibly today.
I'm riding MELY to pennies.
