Friday, October 04, 2019 9:35:30 AM
flip this stock from time to time
Best way to trade this is flipping..
It's down 50% from high because some guy sold..
flip time is head
sell at 0.0065 on bounce
Level2 is thin
There is some short covering happening from 0.0069, as the shorts who shorted at 0.0065 are now covering using bid whacks
Lot of bid whacking yesterday and today, most are paints done by MM to push it down to cover the short they had from 0.0069 - typically signals bottom
I can see on level2
perfect flip opportunity
Down 4th day in row
typically hits bottom - Most penny stocks bounce after 4 days of dump from the top
flip this one - don't fall in love
Lot of bagholders here now from 0.006 will average down
Volume is now low, that signals bottom..
the guys who bought at 0.006, selling for loss now trying to chase something else and the MM shorts covering from 0.006+ short
Load for flip and sell above 0.006 on next bounce
MM will create one as they cover short and sell the shares now they are acquiring at 0.0036 at 0.006 later
This has retraced all the pump gains in last 10 days and almost back to where it is now before the RM news
perfect flip time..
Most flippers sold at 0.006+
now loading back at 0.0037-0.004 for next flip
Do your own DD !!
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