InvestorsHub Logo
Followers 147
Posts 10288
Boards Moderated 0
Alias Born 04/06/2014

Re: maxxy118 post# 13144

Wednesday, 09/10/2014 6:02:03 PM

Wednesday, September 10, 2014 6:02:03 PM

Post# of 34476
because today ran from the open to .044

all of that occurred intraday, so you cannot look as much at today's levels

as something to draw from (in my opinion)

If we take out the craZy jump to the mid 4's and focus on the previous 2 days, you will see that the support area is right about where we ended today.

all day long people were taking profits

but also BMAK and a couple other MM's were in there selling as well - you cannot deny this . . .

at this moment, the mental support at .02 will be your strongest support imo

the buying was still amazing, even when BMAK was sitting there at 10k on the ask, people were slamming him all day - that did stagnate the run back up

we may see more of that tomorrow - as long as it is not too crazy - we are still very BULLISH here

the base here is VERY STRONG and that is what counts

people have to learn not to freak out on these low float deals

keep playing the dips . . . .

I scaled in two times during that drop

and prepared to scale more tomorrow

if you do it right, once the dip is complete, you should be sitting prettier than before the dip

Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.