Kraig Biocraft Laboratories Inc (KBLB)

[igotthemojo]

“ Imo charts on otc penny stocks that are news driven are a crapshoot.”

All stocks are news driven…they can all move one way or another on news…it’s thinly traded stocks that make tech analysis difficult…and t/a isn’t fool proof…it’s simply a tool that can give a heads up on what to look for and what the possibilities are…

“ But if you drive a penny stock down, you are guaranteed to get flippers who will always sell.”

And how did that happen today?…what news came out to drive the pps down?…you do realize that a cup and handle is a positive pattern?…it portends a rise in the pps?…and Kblb hasn’t been worth flipping in a very long time…there may be the occasional investor here trying to learn how to flip…but nobody looks for a thinly traded stock to flip…theres no money in it…

“ Maybe it creates a pattern?”

The cup began forming in December…it cannot be purposely created by traders…and there would be no purpose to it…but yes, traders do respond to the patterns when the see it…

“ When they announce solid production success or launch a product that is when a chart will have any real relevance imo.”

I made a lot of money flipping Kblb years ago…and yea, I used t/a…and when real volume kicks in, it will be easier…but t/a is relevant now…

“ Just look at the golden cross”

Which one?…the last one or this one?…a golden cross is a long term indicator…it isn’t something to help with short term flipping…it had artificial help the last time…but not this time…

“ One thing for sure is major stock moving news is coming!”

Yup…that’s what the t/a and charts are saying…all the t/a signals are positive and we have a cup and handle and golden cross that says so…

Why do you think I have been buying?…