Greg's Scratch Board

[Gregory_]

I am not investing in the below stock as my funds don't clear for another two days. Therefore, this is just for fun. I'll post analysis of the price movement over the next few days.

Just starting off, I don't particularly love this play because it is in a very short downtrend. On the other hand, the prior real body is a >5% drop in the PPS and followed by a dragonfly doji. Therefore, this may be worth a look.

I would hope to buy somewhere around 0.37-0.38 and sell at least at 0.407-0.418 for 10%-12.9%. Let's see if this stock hits these ranges over the next 4-7 days. Note the prior low on Nov. 15. It is also 0.36. Therefore, this seems to be a legitimate bottom, tested twice in the last two months. If it drops to 0.36, a sale would be in order as the stock is likely to go lower if it breaks through this tested support level.

NOTE: I WILL definitely be wrong in many of my analyses. I'm only trying to learn and document my learning process. The public element is just there in case others are ever interested or if I need to pull up all my data very quickly for someone else in person at a remote location.

IFSG