Atwec Technologies Inc (ATWT)

[midas716]

Wow. That was ugly and a complete surprise to me. What can I say. Not much. I wouldn't have ever seen something like this coming after hitting 9 amd bouncing back to 12. Can't even begin to guess. One person unloading? We saw what that can do when someone does it real quick. Did someone take our advice and do it in small chunks. Seems the end result is the same except that it bounced back the same day before. Was this several peeps just getting tired and calling it quits? All the techs were resetting just fine. Bollinger band was moving up real nice but turned down after today. IMO this pretty much kills any cup with handle formation. C & F formations usually only drop 1/3 to 1/2 max of the high. This is 75%. IMO, as of now, if this has any chance at recovery it needs to be tomorrow. Not saying it has to go back to 00 in a day but it cannot fall below 5. 4 max where the last support is sitting. I hear L2 bid is stacked at 5 with 9 MM's. Is it real or do they just want us to think there is support there I do not know, but it must hold here and move back up 1 or 2 tomorrow. We now know this stock just did not buid enough base, anywhere, for any kind of support except maybe at 4 where it held 9 consecutive days. Guess we'll find out tomorrow where this goes. Anything below 4 and most likely I will have to apologize to ohgee. I hate eating crow but I will. LOL

Secondly just so you all know I sold NOTHING today. I dumped all the 780,000 I bought on the dip, at 9, at 13 and 11. I still hold several million shares and if it goes to .0001 I will still hold several million shares. I sincerely believe everything I post in a chart when I post one but charting pinks is very difficult and you just try to dissect them as best you can. If anyone held shares based on any of my charts all I can do is apologize but in the end everyone must make thier own trading decisions. I would never try to mislead anyone. EVER.

So can this recover. I did not have room but looking at williams, fast and slow stochs and even Trix this may be bottom. They have all reached the level they were at when this first took off but it needs to reverse here and now.