Rags to Riches

[darbyflier]

Honestly, I suck at the .000s - truly just gamble money. Can't help with PFMS. SFIO, wow! I would be selling at .0675 - .07 depending on how it continues. These prices represent a second touch at the top of a volitile channel and it will rest or resolve down from there, IMO. If it doesn't spike up and just moves slightly down (on decreasing volume) or sideways, watch for adding or entry depending if it forms clear continuation patterns (like a triangle, scallop, flag, rectangle, etc) Here is the chart and the only framework I can apply at this point:


PSPW could continue form a small flag (very short 2 min or 5 min chart). I'd wait for a move above ~1.70 and buy momentum of continuation, otherwise, wait for that flag to develop more. 1.60 - 1.70 could be the spot and nothing wrong with paying a bit more on a volatile mover just to be sure and not get trapped in case it collapses instead. My gut thinks it goes higher.