Triple 000 and Sub-penny Chart Plays

[trader53]

PWDY - Sell after a EW 5-Wave Advance


Sell after an Elliott Wave,
5-Wave Advance !



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PWDY

https://www.otcmarkets.com/stock/PWDY/security

https://www.otcmarkets.com/stock/PWDY/news

https://www.otcmarkets.com/stock/PWDY/disclosure

https://www.sec.gov/edgar/search/#/q=POWERDYNE%2520INTERNATIONAL%252C%2520INC.%2520(PWDY)&dateRange=all

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https://stockanalysis.com/quote/otc/PWDY/

https://stockanalysis.com/quote/otc/PWDY/company/

https://stockanalysis.com/quote/otc/PWDY/statistics/

https://stockanalysis.com/quote/otc/PWDY/market-cap/

https://stockanalysis.com/quote/otc/PWDY/

https://stockanalysis.com/quote/otc/PWDY/financials/

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https://fintel.io/ss/us/pwdy

http://www.buyins.net/tools/symbol_stats.php?sym=PWDY

https://research.quotemedia.com/equity/home/overview?symbol=PWDY

https://www.barchart.com/stocks/quotes/PWDY/overview

https://www.barchart.com/stocks/quotes/PWDY/price-history/historical


PWDY - Forecast Stock Prediction

https://walletinvestor.com/stock-forecast/pwdy-stock-prediction


https://www.stockscores.com/charts/charts/?ticker=PWDY

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=3&mn=0&dy=0&id=p16291900332;


https://www.barchart.com/stocks/quotes/PWDY/technical-chart?plot=CANDLE&volume=total&data=WO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=ACCUM;SMA(50);SMA(100);SMA(20);SMA(200);RSI(14,100);MFI(14,100);SMACD(12,26,9);PTP(50);PTP(50);BOLLW(20,2);BBANDS(20,2)&sym=PWDY&grid=1&height=500&studyheight=100

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Impulse Wave 1 - The Accumulation Stage
the Wave right after a prolonged downtrend.

Wave 1

The stock makes its initial move upwards.
This is usually caused
by a relatively small number of people
that all of the sudden
(for a variety of reasons, real or imagined)
feel that the price of the stock is cheap
so it’s a perfect time to buy.
This causes the price to rise.




Wave 2 - Stock Declines

At this point,
enough people who were in the original wave
consider the stock overvalued and take profits.
This causes the stock to go down.
However, the stock will not make it to its previous lows
before the stock is considered a bargain again




Wave 3

This is usually the longest and strongest wave.
The stock has caught the attention of the mass public.
More people find out about the stock and want to buy it.
This causes the stock’s price to go higher and higher.
This wave usually exceeds the high created at the end of Wave 1.




Wave 4

Traders take profits
because the stock is considered expensive again.
This Wave tends to be weak
because there are usually more people
that are still bullish on the stock
and are waiting to “buy on the dips.”




Wave 5

This is the point that most people get in on the stock,
and is mostly driven by hysteria.
You usually start seeing the CEO of the company
on the front page of major magazines
as the Person of the Year.
Traders and investors start coming up with
ridiculous reasons to buy the stock
and try to choke you when you disagree with them.

This is when the stock becomes the most overpriced.
Contrarians start shorting the stock
which starts the ABC pattern.







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The Elliott Wave 5-Waves Sequence

https://www.metatrader5.com/en/terminal/help/objects/elliott/elliott_theory


Elliott Wave Basics
http://www.acrotec.com/ewt.htm

Elliott Wave Theory
http://ta.mql4.com/elliott_wave_theory

Sell after an Elliott Wave,
5-Wave Advance !

Buy, ONLY when the stocks price,
is trading under the Blue 8-day M.A.
when the Blue 8-day M.A. is under the Red 34-day M.A.


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