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Re: SurgeGuy2.0 post# 11599

Friday, 03/17/2017 10:26:11 PM

Friday, March 17, 2017 10:26:11 PM

Post# of 13983
$THCT just ran from $0.28 to $1.40. You're forgetting that part. The "crash" part is called consolidation and it happens with all runners. Guess what, it also builds support levels. We are still holding 2x pps due to those support levels. If you want to use the same example, since you like throwing it out there and since history repeats itself, I'll do the math for you:

Using the same ratios, and a starting point of $0.55, where we currently are, it's a very reasonable expectation to see a rise to $2.75-2.80, then some consolidation back to around $1.10, and that's also the new level of support($1.10). That's for 1 PR.

What if it was a major PR like we are expecting? Double those numbers? Triple?

What if there were multiple PRs, as we expect? Keep repeating the doubling ratios?