Cardinal Resources Inc fka CDNL

[lowtrade]

I am a technical trader, yes. But playing on the OTC is a little different then big board stock. I only use 10% of my cash portfolio on the OTC and usually play one's I expect to run based on share structure changes. Saying I go after large runs, not the average OTC stock play now days. Now days the OYC is much minder then the old days. So most have either 3 day lightning strike high price/volume surges. OR 10 to 20% run retraces like the big boards.

If I was trading OTC run/retraces. I would be only basing my trade on TA & Charting. Just like my 90% of portfolio at the big boards. Because there is little or no manipulation involved. But if the OTC play happens because of VC funding shares being sold, there is manipulation involved and I wouldn't use TA & charting. I'd be watching for volume in the run and for exhaustion candles.