Greene Concepts Inc (INKW)

[hotrod34racer]

I’m going to explain my reasoning behind my gun shyness surrounding LKEN

I play loads of stock and typically a 20%-60% day trade is not out of the question while LKEN was trading in a 20%-40% range for a few days it has now found a groove where it’s trading in that 16.67% range and IMO that is a dangerous range for trading short term.

So you ask then why are you still here? Lol… LKEN is setup for a great little bottom play here IMO and it has been known to make huge runs from these levels.



Volume: still trading in the $12,000 a day range, not great but at least you could get in and out with small amounts of shares.

Trend: has been in a down trend for about three months now but is starting to consolidate at these levels. Even if it’s just mm’s buying shares they still are buying at these levels so they won’t want the share price to go lower IMO

Support: .0005 has been the support line for 13 days now, is this bottom? Who knows, but 13 days is a great indicator of bottom as well as the high has been getting tighter here going from 7 to 6 now. It will either go flat at .0005 or it will have to break up or down and there is a whole lot more room to go up than down at these levels.

So what’s it going to take to move LKEN? News! And not just any news but good news IMO



Just feel like throwing out some of my opinions on LKEN today so I did! Lol…



Thanks for reading my post traders, Cheers \_/