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Re: None

Friday, 03/26/2021 10:09:47 AM

Friday, March 26, 2021 10:09:47 AM

Post# of 118383
Newbies.... This is just my opinion.... I've seen these patterns over and over again. I think serious buyers bought in yesterday and swallowed up a lot of sellers. Today they back away and let price drop back down, all the while buying, until traders start accumulation again. I believe these are starter positions for larger traders. If price drops down they will buy aggressively again. It's hard to imagine big traders want prices to drop but that's what they want. They are forced to drive prices up really quick creating liquidity so they can BUY large amounts. Prices dropping is not always an indication of a weak stock. Prices can drop because not enough traders know about the stock.

RGBP Daily chart is very strong. Consistently higher lows. The stair steps.....

08/03/20 $0.0001
11/20/20 $0.0002 UP 100%
12/23/20 $0.0004 UP 300%
03/05/21 $0.0008 UP 700%

I'm not sure how anyone can say those gains are weak

We are up over 2,500% since Aug of last year......

How is that bad?
Is it logical that price drops down to a new support level and forms another bottom?

Learn to think for yourself and read the charts.

GLTA Longs