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Re: The Whale post# 205897

Monday, 12/22/2014 10:10:23 PM

Monday, December 22, 2014 10:10:23 PM

Post# of 263707
I must admit I'm a bit surprised by your sentiment expressed below. Here's what I am seeing on the chart below. On the past three trading days prior to today, we had three consecutive white candles, each of which had a higher low than the white candle the day before. During that three day sequence, we went from a low of .0037 on the first day to a close on the third day of .0053, an increase of 43%.

Today, we closed at .0049, which equates to a drop of 7.5% from the previous trading day's close. Additionally, today's trading low of .0042 was a higher low than each of the three previous trading sessions, which were all white 'bullish' candles (see chart below).

I can appreciate that the drop from the peak of .049 back in April has been a painful 9 months of drifting lower for longs. But to characterize today's trading as a destruction of the uptrend that began 3 trading sessions ago does not seem to be supported by the chart below. As always, simply my opinion.



I really can see .0025 now. This reversal to 55 and now back may have just destroyed the stock. Shareholders at .02 plus will wait and average down and then exit if it comes back. But no one is going to play this stock for awhile. Calkin and Cruz should be ashamed of themselves.

Rico Suave. LMAO. WHO CARES ANYMORE!!!



GRCU