One World Ventures Inc. (OWVI)

[pinoleropuro]

I like the weekly setup on the chart. all momemtum indicators are pointing up; MACD and Stochastics. I like the fact that even though it is down the price is still between the upper band and middle indicator in the Bollinger Bands. RSI though did turn down a little on the weekly chart set up and the price went down on higher volume.
on the daily set up the momemtum indicators are pointing down but I think that with all that OWVI has going for it we will probably bounce off of the 50SDMA which is at .00268
we're looking at a nother couple of days of down turn on low volume to the 50SDMA.
With all that OWVI has going for it the next couple of days of "profit taking", as Clay put it on his video, is nothing to worry about.
for those of you that have money sitting on the sidelines I would suggest wait until it hits .00268 and pounce on it at the ask above that price and it will inevitably turn the momemtum indicators like the stochastics RSI and SDMA.
this is what I think I see on the chart I am definately not a chartist and in comparison to many in this board I am a novice by virtue of lack of knowledge not by virtue of amount of time of watching the market.