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Alias Born 03/10/2010

BOS

Re: oldjewguy post# 5400

Tuesday, 09/30/2014 9:23:01 PM

Tuesday, September 30, 2014 9:23:01 PM

Post# of 14043
You also have to understand Clay is a great technical trader but Ihub is also a marketing tool for his business, which is membership fees to the inner circle and selling instructional videos.

Pay attention to the charts he post and the tickers. Obviously he isn't going to post charts on stocks that no one is watching. He is marketing a product and as a good business man he is posting video charts (that plug his website) on stocks that have good momo, volume, dollar volume and he post them at peak hours of when people are logged in.

To be clear, I am not slamming him or being negative, it's simply what it is.

To answer your question about the chart itself, I am mobile and cannot annotate but will explain what I see.

Secondly, reversals are done so with volume. And from a technical perspective, you need volume to see reversals. To call something a front load could easily be a reversal and traders alerting at the bottom of that reversal.

The NWGC was a great example. Clay actually made a video on it blatantly calling it a front load pump. Which by the way ran over 1000+% the following few weeks. My argument on his video is when is it a "front loaded pump" and when is it a reversal that got alerted at bottom.

Was VPOR up on volume past few days. Absolutely. Did it get hit with selling and profit taking into the alert, absolutely. As Clay pointed out, it hit a resistance point.

I can only speak for myself and say that I literally have less than 50K shares and can assure you I adhere to the non front load rules of this board.

I will be avg up along the support lines of the chart as this goes higher imo.

Lastly, the chart. The daily RSI is under 50 with plenty of room to move. Personally I like the Weekly chart with even lower RSI that shows you potentially the type of move this stock can make with forward looking events and limited dilution.

See my post here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106754826

Take note of the indicator patterns of the last huge move and where those indicators are now on the alert. See the similarities?

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