Thursday, October 24, 2019 6:38:06 PM
No accumulation? Look at this 6 month chart with daily candles:
I really wish the intro page was updated.....
At the end of July Dr. Drew was announced:
News July 25 2019 8K: RedHawk Medical Products & Services LLC entered into a Consultant Agreement (“Agreement”) with Drew Pinsky, Inc. (“DPI”) f/s/o Dr. Drew Pinsky, for Consultant to be the exclusive spokesperson for the Company’s Sharps Needle and Destruction Device (“ SAN DD”) mini™, SAN DD Pro™ and any related products and/or accessories (“Products”) for an initial period of two years.
You can see the spike in the PPS, Accumulation, MF, and RSI. Price of stock prior to the announcement was running around .0010 then it jumped to .0030 and retraced to .0015 and stayed there until the middle of Aug.
Then the next wave hit in the middle of August. Based on news. The price popped to .0042 then it fell down to around the .0025 area. This wave the Accumulation, MF and RSI all took a little hit as somebody dumped into stronger hands. (Bet they wish they didn't) After that the accumulation just went up.
Then the ticker change in Sept ran it to .0170. Just like the other moves it has retraced as well. However look at the accumulation, MF and RSI since. The accumulation hasn't wavered one bit. The longs are strong here. There hasn't been any big dump of shares. But the MF and the RSI have cooled off. Ready for the next wave.
So when you say that there is no accumulation I beg to differ. That accumulation chart has done nothing but go up since the announcement of the ticker change. This says to me the float is locked and this will move quickly when it does.
In my opinion the stock is trading just like a strong healthy rise should. There have been 3 waves in the last few months that have all had consolidation/distribution corrections. There will be profit taking and the shares will distribute to others. And they have. But there has not been a dump of shares, just a redistribution of them.
http://i.stack.imgur.com/U2XVZ.jpg
I expect this to level off, just like the last 2 waves, and then start the next rise. Starting to dip below that 50 day.....
Chart looks primed and ready to me. I've only been in the markets for about 10 years and in the OTC's for about 3 years so somebody with more expertise can probably add more to this. Where is Clay when you need him?
I really wish the intro page was updated.....
At the end of July Dr. Drew was announced:
News July 25 2019 8K: RedHawk Medical Products & Services LLC entered into a Consultant Agreement (“Agreement”) with Drew Pinsky, Inc. (“DPI”) f/s/o Dr. Drew Pinsky, for Consultant to be the exclusive spokesperson for the Company’s Sharps Needle and Destruction Device (“ SAN DD”) mini™, SAN DD Pro™ and any related products and/or accessories (“Products”) for an initial period of two years.
You can see the spike in the PPS, Accumulation, MF, and RSI. Price of stock prior to the announcement was running around .0010 then it jumped to .0030 and retraced to .0015 and stayed there until the middle of Aug.
Then the next wave hit in the middle of August. Based on news. The price popped to .0042 then it fell down to around the .0025 area. This wave the Accumulation, MF and RSI all took a little hit as somebody dumped into stronger hands. (Bet they wish they didn't) After that the accumulation just went up.
Then the ticker change in Sept ran it to .0170. Just like the other moves it has retraced as well. However look at the accumulation, MF and RSI since. The accumulation hasn't wavered one bit. The longs are strong here. There hasn't been any big dump of shares. But the MF and the RSI have cooled off. Ready for the next wave.
So when you say that there is no accumulation I beg to differ. That accumulation chart has done nothing but go up since the announcement of the ticker change. This says to me the float is locked and this will move quickly when it does.
In my opinion the stock is trading just like a strong healthy rise should. There have been 3 waves in the last few months that have all had consolidation/distribution corrections. There will be profit taking and the shares will distribute to others. And they have. But there has not been a dump of shares, just a redistribution of them.
http://i.stack.imgur.com/U2XVZ.jpg
I expect this to level off, just like the last 2 waves, and then start the next rise. Starting to dip below that 50 day.....
Chart looks primed and ready to me. I've only been in the markets for about 10 years and in the OTC's for about 3 years so somebody with more expertise can probably add more to this. Where is Clay when you need him?
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