Ekwan-X (EKWX)

[jimmybob]

Dumping??


Thats called long time bagholders selling out of a(as of the open today) no bid stock for 5X's the value it was yesterday ~

Not sure how many subbers people here have traded before, but they have some characteristics that EKWX failed to show today ~ which is a very good sign ~


The hardest resistance is .0001-.0002 ~ looks to me like close to 100 mil was purchased at .0001 ~

Most traders will flip or sell half @ .0002 ~ we breezed right through .0002 and .0003 ~

.0004/.0005 was where we encountered the most resistance, thats where it looked like bagholders and buyers this morning took their profits.

We then closed VERY close to the HOD on HUGE buying pressure the last 25 minutes ~

Id say we are set up for a run to .001+ on monday with .001 being the next possible resistance area ~

It sure looks to me like many in today will be holding for MUCH HIGHER ~