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Saturday, 07/28/2018 8:10:32 PM

Saturday, July 28, 2018 8:10:32 PM

Post# of 73898
OK, so this is kind of interesting. Up till now, I only focused on basic charting and never concerned myself with the more intricate ninja type mumbo-jumbo, but the action on the 270mil+ volume day was very interesting, so I did some additional research and here is what I found.

Often, explosive volume out of nowhere marks a significant event and potential shift in a stock. The associated doji candle that formed, though usually a bearish candle seen at the top of an up-trend, can also sometimes be found at the end of a downtrend and signal a reversal.

Of course dilution and this being a pinky means most rules are out the window, but with two benchmark charting signals happening on the same day.. you never know. Will be interesting to watch.

All IMO

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