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Saturday, September 19, 2020 9:41:35 PM
I think its in a period of revaluation not a true breakout so I don't think there will be a drastic pullback and profit taking.
Shorts can't cover as I agree this may go to .05 and their margin calls will be coming in Monday morning so they will be shut out.
I think .05 by Thursday then profit taking and a pullback to maybe .028 and then a bit of sideways as the RSI cools down and then on up to .07 and stair step to .10 and then on and on. ( :
Just a brain storm on the future chart from seeing past surges.
This is conservative...who knows it may not stop going up all he way until confirmation on merger news as well.
Gosh the 400,000.00$ buy the other day sure smells of a confident investor who has an inside track this is all coming very soon!!!!
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