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Thursday, August 10, 2023 8:16:09 PM
now as you can see, all the indicators are trending up, and, furthermore, you can infer from the stochastics that the buying hasn't yet kicked in. today we saw a seller working hard at .0029 to keep the stock in place, but i do not assume that was to crash or dump the stock. its more likely it was to enable a buyer to build a bigger position. i look for that seller to either ease up, or be taken out in the near future. tomorrow? maybe!
btw, if you look at the daily i posted, you'll see the same upward trend, and if you extrapolate off the move from .0005 to .0033 this could (and should in my estimation -- whatever that's worth) have a corresponding run from .0032 to .006. history has a way of repeating itself.
lastly, the chart doesn't begin to overheat until it's around .005. in any case, i suspect we may next have some resistance somewhere around or just above .004..
of course, time is the only true measure and i am just a wanderer on the path of life itself. when i was fifty, i thought i knew a lot. 20 years later i know i know little if anything at all. but hey! we all travel the road of destiny.
good luck to you
rich
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