Saturday, January 26, 2019 2:03:43 PM
-Still the most Oversold since Nov. 2nd
We bounced up off the lower Bollinger Band on Friday an hopefully we start heading back up .0010 is the top of the BB.
We need to break through resistance at .0006 for the next move up.
Interesting close on Friday can be a very positive sign that the short/MM's shorting and day traders are covering before a move up OR
they will short at 5 on Monday and try to cover at 3 or 4.
Right now downside gains shorting are much more risky with less to gain and much more to lose when this takes off!!
Not much was actually bought by investors at 3 the ones that got it were most probably MM's. They always give themselves preferential treatment and can go 5 digits out where we can only go 4.
I personally am waiting for the PROMOTERS to come back. They have been here 3 times since December and they will accumulate now at the lows and promote the hell out of the stock and we will have over 200 posts per day!
We are down 97% since last years High so It is a great time for new people to buy in and I think that is also whats happening.
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