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Re: JL Tan post# 103045

Friday, 03/17/2017 12:22:40 AM

Friday, March 17, 2017 12:22:40 AM

Post# of 179952
Half the MM's on the ask side are lined up at a dime or higher

The technical analysis looks very very solid so far.

trading above the 50 day moving average and the 200 day moving average. (the bulls live above this zone)

We also appear to now slowly breaking out from a massive inverse head and shoulders pattern in force since JULY 2016 This large pattern has provided a very large amount of price CAUSE or energy. We are moving up now off of that large energy pattern which gives the current advance sustainability.

WEEKLY RSI is at the 70 percentile line. Any price action associated with a WEEKLY RSI rising at 70 or higher is the largest and most explosive price action, and in this zone any pullbacks are bought aggressively and recovered from very quickly.

oddly enough, the best thing that can happen to POTN is a pullback Friday of some sort, which could lead to an absolutely explosive 200% + move up next week.

Another thing to keep in mind is that tomorrow end of trading day creates the WEEKLY price closing. Then of course there is the 2 day weekend. Weekends have a way of letting price relax and create pent up energy.

Because of this often times you will see a GAP up on the Monday after the weekend.

So in summary I don't see tomorrow as the end of this price run by any means. On the contrary, I see the best is yet to come.
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