EVIO Inc (EVIO)

[Fivespeedchatter]

That my good sir is how SGBY Trades sans news and fins.


IT HAS BEEN A LONG Long waiting game..IMHO the best chart to understand SGBY is the weekly. (Daily for trades, but Weekly for investment) It might seem like "red days everyday" but when compiled into a weeks worth of action we are really up. The last Three weeks have seen us up from .015 (climbing back up from the Spicer/Trump punch to the gut...) That would mean that this week (again sans news or fins) that should see a scale back. I would LOVE to see us hold above that .02. I'm liking that 500k Bid support!! But we all know MMs, Flippers, and the inpatient can dip this thing to .017 in a heartbeat.

The most telling part of the chart (at least for me) are the smas. They definitely dictate the parameters of intra/day pps moves. Currently we are playing with the (10) @.019, the (30) @.02, and the (50)@ .021. Each one is a support and a resistance depending on which MM is driving... The cool part is that even if these sma fail to hold us up, the (200) @ .017 is right there and that ALWAYS throws the life preserver!!

The ride is almost starting... i promise