No Pump Penny Speculation

[Bodach]

In-depth YIPI chart update:

There is so much complexity here, it's difficult to summarize. I wish I could detail everything I'm seeing. Tried to find the easiest common denominators to show in the chart, though it's just filled with lines. If not used to my fib charts, this might look entirely confusing. I'm sorry, I don't it mean it to be =/

I've been studying YIPI for a while now. It's one of the more fascinating charts I've followed -- if not the most. I don't post much anymore because the chart is still standing it's ground in the way I've posted about it before; at least regarding extension lines. The long term 23.6% line, I did not think would be broken as support, but it has been broken. I was wrong in my guess. However, what was revealed, astounded me. The low fan started creeping in on the long-term OCTO (yes, 8 notable bounces) sup/res line around .30. Yes, 8 bounces from below or above. If you take a look at the 50% and 38.2% FAN lines, you'll see how powerful this fan structure is to the chart's function & fruition.

Bascially, we have two incredibly powerful fan lines intersecting two incredibly powerful fib "extension" lines. Over the past two days, we tested the short term 23.6% extension line, with fan intersecting, and could not get past -- which is really expected w/o a catalyst. This intersection puts A LOT of resistance up. But again, the positive aspect of this culmination is the synchronicity of the breakthrough regarding the low fan (61.8%) finally crossing through the biggest resistance of this stock's 52 week life -- the .30 (shown via the 0.0% extension line). The support at .3 is now an unmovable force, imo. That is probably why "someone" wanted to dip the chart below this node right before it happened.

There is so much I want to say about this chart. I've been collecting data visually, and mathematically for a long time now. There is so much intricacy that begs other questions involving trade patterns that are now answerable. I, myself, am learning so much from this cusp of low/high volume relative to float where amazing news is expected. It's an impossible rarity to be part of.

I've never seen a more beautiful chart than what I am seeing right now. That said, I do expect the double bounce of the octo bounce line (I say "double bounce" in regard to short term action). The 61.8% fan line is about to cross, so it is, imo, the last chance for whatever is running the action to pick up the low end .3 bid shares. I think we do that double bounce, and then find ourself in a mini blue sky when the 38.2% fan line clears the long term 23.6% extension line. It is impenetrable, without catalyst, for the next two or three trading days, imo.

TL;DR:
Last call for .31 bid bounce area, then the .39-.41 area alleviates. Door opens with a HUGE new support climb via this low fan crossing the ~.3 standard.



edit: the octo bounce is actually 12 bounces. Count them up yourself.