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Re: None

Monday, 05/02/2016 12:15:34 PM

Monday, May 02, 2016 12:15:34 PM

Post# of 235125
Longs just need to keep seeing these $0.0011's hold.
Bears have been stymied at $0.0011 several times today and over the last week.

Honestly, I'm really surprised. I really felt there would be a pre Q rally.
I felt that either SFOR would solidify a Q release date (hoping the closest thing to a release date press release isn't their usual SEC NT filing), or their would be more than just an Ihub rumor of revenue, unit sales, etc.

I had been hopeful that a broader spectrum of traders would be attracted here before a 10Q. More or less, a "buy the rumor, sell the news" share price pop but it doesn't seem to be in play.

While the Bears can't seem to break the $0.0011's down, the Bulls can't seem to catch n keep $0.0014.

All in all, it's not a terrible range to be in, because there are clear support levels and clear resistance. If it breaks lower, it's obvious what to do, sell. If it breaks above $0.0014 or even closes at $0.0014 it's obvious what to do, accumulate or buy.

Trade well

Insert smiley face here