OTC BB Pulse: Daytrading

[javalin]

tigi-murreymath view plus
if you believe in candlesticks in this otc world checkout tigi's chart-a long white candle friday should mean we're going up from here --12/20 dipped to .009 way oversold-12/21 low was .010 a higher low[another good sign]also volume is picking back up
http://www.litwick.com/cgi/chart.cgi
friday's TIGI's long candle's body goes between .01 and .014 which added together than divided by 2 will give you it's waist= .012[which according to gann and murreymath -this support should hold if the stock is strong]

here is a long murreymath view of TIGI-
tigi is trading between two frames -mostly between .0366 and .0122


.0488--------------------------------8/8
.0457---------------------------------7/8
.0427---------------------------------6/8
.0396---------------------------------5/8
.0366---------100%----------------4/8--this is acting like extreme resistance[last 24 days]
.0335----------87.5%--------------3/8---we triple topped here [.034] 11-26,11-28,and 11-29-headed back down for support
.0305----------75%-----------------2/8
.0274----------62.5%--------------1/8
.0244----------50%-----------------0/8--8/8[frame change ]going back up we have extreme resistance here[last 14 days]
.0213----------37.5%---------------------7/8
.0183----------25%------------------------6/8
.0152----------12.5%----------------------5/8
.0122------------0%-------------------------4/8--monday must hold this support[remember the waist=.012]
.009--------------------------------------------3/8-we bounced off here 12/20[way oversold]
.006--------------------------------------------2/8
.003--------------------------------------------1/8
.000--------------------------------------------0/8

here is some explanation of the 8/8 resistance points

8/8 th's (Ultimate Resistance)
This line is the hardest to penetrate on the way up, and give the greatest
support on the way down. (Prices may never make it thru this line).
7/8 th's Line (Weak, Stall and Reverse)
This line is weak. If prices run up too far too fast, and if they stall at this line
they will reverse down fast. If prices do not stall at this line they will move up
to the 8/8 th's line.
6/8 th's and 2/8 th's Lines (Pivot, Reverse)
These two lines are second only to the 4/8 th's line in their ability to force
prices to reverse. This is true whether prices are moving up or down.
5/8 th's Line (Top of Trading Range)
The prices of all entities will spend 40% of the time moving between the 5/8
th's and 3/8 th's lines. If prices move above the 5/8 th's line and stay above it
for 10 to 12 days, the entity is said to be selling at a premium to what one
wants to pay for it and prices will tend to stay above this line in the "premium
area". If, however, prices fall below the 5/8 th's line then they will tend to fall
further looking for support at a lower level.
4/8 th's Line (Major Support/Resistance)
This line provides the greatest amount of support and resistance. This line has
the greatest support when prices are above it and the greatest resistance when
prices are below it. This price level is the best level to sell and buy against.
3/8 th's Line (Bottom of Trading Range)
If prices are below this line and moving upwards, this line is difficult to
penetrate. If prices penetrate above this line and stay above this line for 10 to
12 days then prices will stay above this line and spend 40% of the time moving
between this line and the 5/8 th's line.
1/8 th Line (Weak, Stall and Reverse)
This line is weak. If prices run down too far too fast, and if they stall at this line
they will reverse up fast. If prices do not stall at this line they will move down
to the 0/8 th's line.

now a murreymath immediate view of TIGI as of friday

.0244---------100%-----------8/8--
.0213-----------87.5%--------7/8
.0183-----------75%-----------6/8
.0152-----------62.5%--------5/8
.0122-----------50%-----------4/8--support/resistance[we closed above this friday .014]
.009-------------37.5%---------3/8
.006-------------25%------------2/8
.003-------------12.5%---------1/8
.00-----------------0%-----------0/8

in the long run we are trading right now in a very oversold area imho

according to last 8 days we have been trading in the area between [3/8 and 5/8] as was mentioned above in resistance points explanations--kind of interesting isn't it---thanks to murreymath