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Re: None

Saturday, 04/27/2019 2:28:32 PM

Saturday, April 27, 2019 2:28:32 PM

Post# of 156701
Monday morning is a buy heres why in my opinion. I am a trader and I am here cause of the dip. this is a reference to why I believe price could really go up Monday. the long blue horizontal line shows accumulation area and its going to push the price above the down sloping sma200. as you can see accumulation brought up the price along with the sma50 that ended up at .0042 with the sma200 at .0043. the accumulation is going to be used as friction or a battering ram along with the sma50 to break thru the ceiling of the sma200 and then we will have it as support. buy, sell, hold, your choice. many have already accumulated seeing this early on in the last 2 days. Even the psar followed the chart. this isn't me here. this is how it traded.

here is the whole Friday showing the sma50 stabilizing the price. more accumulation building. MMs use the often as they make money regardless of which way the price goes, but they know from charting constantly where the most money to be made is. Follow the money always.

Thursday and Friday. here is proof proving my points, if you were going to take advantage of the dip like me, you'd buy 10-11am while sma5o is falling and sell at the intersect with the sma200 around 1pm. I chose not to knowing it would dip again and to avoid the 3 day holding rule and instead waited for this Monday when I think it will go up again into .01-.02 area. but if you would've sold, you could've rebought Friday morning. and been prepared still, but if you have a cash account, you have to hold for 3 days to avoid good faith violation

this shows just volume sells and buys and you can see that most people act too late. now go back to the beginning of this and re-read. thanks for you private reply in asking for more detailed info on my opinion. I can be wrong, if so many shares are sold that it would break counteract the accumulation, price will decline. but most likely, going up. will need to watch how the 50 and the 200 interact to decide on what to do. if you look in the trades tab, you'll see the buys were just under the sells for Friday, you no longer have access to Thursday, but Thursday, buys outweighed the sells. Its accumulated well. Monday morning is a buy in my opinion
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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