Clean Vision Corp (CLNV)

[varok]

Good Morning

No worries here.

The first rule is never allowing the tape to dictate your sentiment in the first 15m at the open.

What you see here is that profit-takers from last week were in control at the open and the MM took that to its advantage and of course releasing some nervous traders (sellers) to become victims.

MM are very aware on the bottom feeders, and they can adjust their algorithms to accommodate the sentiment.
When Carjocky called the bottom at .054 was a true bottom and then we rose briefly to .081 and that was an indicator to the MM to test it after a decent run from last week to close that run gap this morning. We need these pullbacks for higher highs and what is happening thus far.

The other factor is the implication of margin accounts and the course of the FED meeting this week that probably give some concern of repositioning since margin accounts are cash to maintain individual accounts to let these factors cause an imbalance within their accounts.

We are okay and smart traders should take this repositioning or selling as a 'averaging' in for the next leg up.

My target remains .21 by Spring. Also keep your eye on the O/S, so far still no concern.

Have a good day
varok