hey CJ, so, I started trading UOIP I believe sometime in 2014-2015, it's been so long that I don't remember now. The way I got into it was somewhere on the twittersphere I saw someone mention it and some kind of potential patent play. So first thing I did was look at the chart.....with charts, I look for accum or some kind of bottoming process and low risk/high reward scenario. All this is done by simply looking at the chart. So I saw that uoip had some fundamentals, I saw the chart, I loved what I saw and so I bought at 0.0001. I set my buy and let it continue to accum. The 3rd reason I bought was because UOIP was skull and crossbones. I loved that, I look for plays that are out of favor. This is how I buy all stocks, strictly on technicals, because lets face it, majority lose, always!! How else can you gain an edge? I found it this way. News is always cooked, and institutions are the best to follow, not retail. So ya, with all my buy and sells, I use the chart. Now, for UOIP, it's a little different. In the beginning, when uoip started to climb, I needed to lock in some profits, so I did. Sure enough it retraced and pullbacked. But what uoip did, was continue, and so I bought more near bottom of pullback. Now what I had was a stock, not only out of favor, but an uptrend had started. These are explosive stocks. Am I going to sell now?? No, I am now hoping UOIP is close to resolution and we get a settlement/buyout. My fear is, it continues to trade with continuation of the process. I DON'T trust processes. So, all I have been using the chart for now is to help ppl accum at certain points, at good prices and you can most certainly do that really well with TA, just check my posts. Hope that helps
AI
