AI
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| Alias Born | 12/06/2009 |
Friday, November 29, 2013 7:09:07 PM
Meet my friend. Mr. Ichimoku cloud. He is an indicator that predicts the future.
I am not going to explain it in detail, because it is very complex. But basically, what you want is the shareprice of this stock to get above the red "cloud." So the cloud is naturally a support and resistance tool. When the share price gets above the cloud it will use it as support. When the PPS is below the cloud, it acts as resistance. You can see it did act as resistance on the last run to .0043... the stock was not able to close above the cloud... I think that during the next month or so, we will close above the cloud, and then we will have essentially no resistance until .008, and .02. Im telling you right now guys.. Buying under the cloud will make money here. imo because I think we will eventually break out above it. If you dont know or understand the cloud I suggest you watch a youtube video on it and how it predicts stock trends.
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