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Wednesday, April 27, 2016 2:37:48 PM
MMs and big money like to use a round number to "act" as a wall of resistance to induce selling before a huge run... they effectively used .10 during Dec/Jan to cause retail selling and patiently soaked up all the shares sold into the bid... But they were careful not to buy above .10 because that would cause retail to stop selling and buy and that would screw up their plans to accumulate as much as possible as cheap as possible.... So they would occasionally hit the ask up to .10 and then stop, but mostly they just chilled out on bid in the .09s... Now we are seeing the exact same thing, only now they are using .50 as the "resistance wall" to induce selling and just chilling in the .48-.49 range soaking up shares on the bid...every time the stock breaks .50 they short it back down to induce selling...
TRTC is about to go vertical into the $1-$2 range within the next 1-2 weeks.
I AM $LEEK$CAPE
$DOLLARLAND$ IN SPRING 2016
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