Cel Sci Corporation (CVM)

[jamesnhansen]

So Much for the Gamma Cup! Sorry GD....

Tuition mounts.

I spoke of the “Gamma Cup,” a pattern, which has preceded a few off the recent Reddit massive moves.

Not happening today.

Or

Still might.

But...

Unlikely. The reason I like candles verses lines is because of fractal math. A trade is a dimensionless point on a time vs price chart. If you recorded every trade you would see nothing. A candle has two dimensions: time and price. There’s four possible conditions between any two ranges: Up, down, inside or outside. Up=higher high and low than the day before. Lower is the oppose. Inside days are lower high and higher low. Outside days have a lower low and a higher high. (Ties go to downs and ups and inside days.)

Since there are ONLY four things a stock can do, it would be reasonable to assume that the probability of each on any day is equal: 25% each. Since Jan 1, 2020 CVM has only had 15 outside days, or 3.4%! This is good proof that stocks are not a random walk, but indeed do trend. Some of the more “interesting” days we’e seen we’re outside days including the 18 to 6 to 12 day and the 14 to 41 day.

So GD, unless we can get above yesterday’s high of $21.76, SAB63090 wins this round. Oh well. There’s still a 3.4% chance for this to reverse today! Perhaps a better bet today is OSU Beavers-to-win on the March Madness brackets.

Cheers from Beaver Nation,

Jim