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Posiden

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Posiden

Re: Dr PennyStock post# 11168

Friday, 10/17/2014 4:59:22 PM

Friday, October 17, 2014 4:59:22 PM

Post# of 14303
No offense, but the only reason there is a white marubozu today is because someone painted the tape at eod, otherwise it would have closed at .29. 100 shares at .34. IMO too much emphasis is being applied to simple candlestick analysis when it doesn't really matter right now. Jimenknee's money flow analysis is the closest we are going to get with any TA. Buying pressure and support/resist levels are also important, not candlesticks that were formed by a bag holder. If this thing had real liquidity, then tape painting wouldn't make much of an impact and skew the chart. Just my two cents.

p.s. I am holding 50k shares of DRIOD
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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