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Alias Born | 09/16/2015 |
Saturday, March 16, 2024 12:06:41 AM
I don’t care about the daily action. Yes it sucks to see a huge drop on so few shares. That’s something rather special about this stock.
It trades so thin. THE WEEKLY tells the true story of the stock. Someone retail purposely dumped this stock and its evident on the level 2 Extended tape. YOU CANT take away the ICHU cloud break and the clearly upward momentum the last 4 weeks. And the clean cloud break is usually a quite favorable sign to chartists like me.
What that means is … TODAYS CLOSE MEANS NOTHING. Look at that weekly candle and the last 3 weeks of trading here.
BREAKOUT NORTH - next week IMO and I look forward to it. NEXT DAY of 2.5x the 10 day Daily Volume avg. and this will run the blue sky highway.
$EMGE WEEKLY CHART HERE!
This trades so thin and nice it will sustain at a higher pps for some time IMO- if it can bring positive news and value to shareholders.
-DD
https://investorshub.advfn.com/$UPER-$TOCKS-DD-and-RESEARCH-FORUM-31721/
ALL POSTS are just opinion! Never BUY/SELL based on them! MUST consult licensed stock broker!
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