InvestorsHub Logo
Followers 42
Posts 1152
Boards Moderated 0
Alias Born 03/24/2021

Re: Scoutmaster post# 21411

Friday, 09/24/2021 3:04:47 PM

Friday, September 24, 2021 3:04:47 PM

Post# of 32872
If anyone's still trading or trapped, look at this over the weekend:

https://www.elearnmarkets.com/blog/how-to-trade-megaphone-pattern/

https://www.centralcharts.com/en/gm/1-learn/7-technical-analysis/27-chart-patterns/514-ascending-broadening-wedge


Megaphone pattern, forming for PSRU as an ascending broadening wedge. This pattern is all over the OTC right now for whatever reason. Maybe new money moving in from dark/defunct companies under that new SEC rule and creating volatility?

If this bottoms at .0069 (lol) it might get one more highly volatile run to the middle or top of the wedge. I've seen a couple actually break out the top.

Holding my shares for the moment to see if support holds for a possible rebound, because I'm down about 40% so wth. :)

GLTA