In the past we've found in low volume situations like these, the best thing to do is buy in the bid, but keep the spread small... If the ASK shows $0.16, make the bid $0.1599...
The longer we can keep the BID nearly equal the ASK, the slower the bleed off and we can hold gains and rocket out of this consolidation period...
Most effective when people are throwing big money at it... The last consolidation period broke into a bull run after Pinch One (and a few others) did just this, but he was buying big!!! Whether Pinch One lead us to the bull run or not is debatable, but the fact is, it made it easy to occur...
TA players (technical players) often watch for signs to get in... We are BLARING those signs loudly right now... Low RSI, roughly holding the 50 Day Moving Average, etc... Now they want to see us make these gains and hold them, and they'll pile in...
The 1 thing though is, until this starts to jet north, many buy in at the BID and try to get in at a low ball deal (often holds the price down and delays the bull run)... Once they see the ASK being slapped hard, they will all jump off the BID and into the ASK too as to not chase it any further... As the price jumps fast, people want to get in fast and as low as possible on the ASK instead of "waiting for a deal" on the BID...
I promise we're being watched... Just need the trigger... Look at history, we always trampoline off the 50MA...
The MACD is the only other signal that really needs to get in line... And it is getting there...
If you can coordinate with other buyer, it helps the effect last longer and beat the MMs... The more we counter the MMs movements, painting with green immediately after they paint with red, and keeping the spread small as possible, the more they'll let up and expect the stock to run... And shorts should back off... Teaming up is effective...
More important than moving up right now, we need to hold the MA50... TA is watching to see if we break or not... If we hold, they'll start getting in... If we break, they might move on...
Another effective thing we can do is spread the word... Spread the charts around so TA players see them...
Last but least... Spread the DD... Nothing negative here, only good DD.... DD sells... It is the only thing that separates this stock from any other... If not for the DD or the company behind the stock, every stock is just a 4 letter acronym and a chart mapping how day traders hand money to each other... We got the DD, spread it, here and elsewhere!!!
I've only been hands off lately around here myself due to Hurricane Irma, I took substantial damage (I live in Florida)... So stocks are the least of my concern right now, but I am in AMFE, I am long and strong, and love that I don't have to worry about my investment in AMFE tanking while I focus on my home...
AI
