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Re: Mithrandir67 post# 51333

Wednesday, 04/21/2021 2:32:15 AM

Wednesday, April 21, 2021 2:32:15 AM

Post# of 63455
BYOC Chart

I play OTC with the volume by price and chandelier exits, then I go to the candlestic. The volume by price is really important to me because it can inform to where the price of the stock could drop, and as for the chandelier exits when it drops under the price of the stock it is an indication that it is positioning be take the price of the stock upwards.

Even though it appears like the price of the stock will drop to .0015, 99% I don't believe that will happen and hope it doesn't. Earnings is around the corner. They might try to drop the price of the stock down to get one to sell, but it appears as no one wants to sell.

I bought the stock at .007 based on the chart, I sold around .01 and left my profits. It dropped to .005 and I bought hoping momentum continue and it didn't.

I said the price of the stock would drop to .02 and it did, the second time I was correct. The first time I called that the stock will drop between .0022 to .0024, though momentum caused the stock not to drop, it did drop between .0022 and .0024. When it when back to .007, I called .002 and recently the price of the stock hit .002. By the way, I did increase my position at .003 a week before earnings. Two reason I did not dump my shares... 1) Revenue increased, 2) new customers and I am not worry about profits that will follow.

Would I increase my position at .0015? No, I am happy with what I own and I will sell some shares at .01, .14 which I believe it will rise to, and I will leave some for $3.00 it may sound ridiculous, but this is a real company with good customers.

My analyst on BYOC is an opinion and opinion are given for discussion not to bash. I will definitely get back to you if you respond to this post.
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