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Posts | 18784 |
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Alias Born | 04/30/2013 |
Tuesday, August 29, 2017 1:05:36 AM
"Most every otc player thinks the world is going to end when we have retraces. Lets look at it this way: Our first major retrace from a high of .029 to a low of .013 i believe.
That is a pullback of about 55%.
Second major retrace.
High of .095 to a low of .058, twice.
That is a pullback of about 40%.
Current retrace.
High of .235 to a low of .152.
That is a pullback of about 35%. This technically is currently the weakest retrace we have had out of the past three.
Does it suck when we are experiencing it? Sure. But We have gone through worse before though and kept moving up after. With more and more shares being chomped by strongs! I believe our bounceback to new highs is on our very near term horizon."
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