Dewmar International BMC Inc (DEWM)

[Mysterium]

Nice post, BTW; and good info on the bid at .0107. That was a previous resistance level last month and is a support level this month. The RSI(14) trend line of support is about 52. We are currently RSI(14) 54. The middle Bollinger Band is sitting at .011.

With all that in mind, and pretending you were a market maker, and/or someone cutthroat and eager for shares, getting this to .0107 could trigger some stop losses, especially if they can jump below the bid to .0106 below support. They could pick up cheap shares, bring the RSI(14) down to 52 for a bounce, break the bullishness of remaining above the middle Bollinger Band, then raise it back up by close, getting the move back up above support at .0107 and the middle band at .011. As long as the body of the candle closes above, all is golden. I would look for them to move the lower shadow of the candle down and raise the body back up well above the tail by EOD.

https://www.tradingview.com/x/ui6lbGUA/

Whatever the day to day, Marco has an excellent company being built. This will not languish at a penny forever. That said, a sideways channel around .01 to get the weak shares into stronger hands could provide for a very strong move once Marco releases the big stuff. As I'm seeing it, red days are great for locking up cheap shares on clearance, and green days are awesome for an obvious reason all their own.

$DEWM Long and Strong. Zero worries here.