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

Re: Pugsieboy post# 21051

Monday, 10/04/2021 4:42:43 PM

Monday, October 04, 2021 4:42:43 PM

Post# of 25464
It's definitely sus, but if investors are careful to take profits on the way up it might be worth the risk.

Here's what AccDist usually looks like in a pump and dump: https://i.ibb.co/c1HsXfL/20211004-bryyf.png (Extreme distribution & possibly the company diluting as well.) Compare that to AccDist on the SPQS chart below.

SPQS's chart is either going parabolic or made to look like that. The movement so far has been on relatively low volume vs the other runs, and AccDist shows no extra buying or selling. (Yet!) RSI is extremely overbought and the big runs have historically lasted about a day. I'm bearish so I took profits, BUT if this sees higher buy volume tomorrow it's gonna be nuts!

GLTA