Ubiquitech Software Corp (UBQU)

[Smokey13]

THINGS MAY NOT BE AS BAD AS WE THINK-LINKS

https://www.barchart.com/stocks/quotes/UBQU/technical-chart?plot=BAR&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;BBANDS(20,2);CHKMF(20);SRSI(14,20)&sym=UBQU&grid=1&height=500&studyheight=100

Support & Resistance
2nd Resistance Point 0.0004
1st Resistance Point 0.0003
Last Price 0.0003
1st Support Level 0.0002
2nd Support Level 0.0002

If we break 4 we can move up fairly quickly. Don't get me wrong I'm not thrilled to see 700+M dumped at such a low price but they are being snatched up whether buying or Short covering by MM's or people that finally got their 2's. If you look at the 6 Mo.Barchart you will see that we have gotten serious Accumulation over the last Month and the Chaikin MFI is now into record territory but yet the ordinary MFI(14 day) still has us as Oversold.

Ballas should have given us an update on the name change since he was going to unload this many shares anyway. Their may be a method to his madness only time will tell.

Maybe he wants to bring down the price so he/Mgt and their families can load up super cheap before he knocks the ball out of the park?!
-Just 1 of many possibilities

He will not try to knock it down to ZERO BID that would bring unwanted intention from Forbes top 5 to 0 Bid - the SEC and Finra would be all over them!