Replies to post #17048 on Vision Industries Corp. (fka VIICQ)

[ckmseven788]

what characteristics are those? I see higher highs and higher lows, good volume and we held .0136, all good characteristics to me. Wanna explain?

[AXE_EVERYTHING]

I will give you a link to a stock charts here:
http://stockcharts.com/h-sc/ui?s=VIIC&p=D&yr=0&mn=2&dy=0&id=p39034957596


again, this is strictly reading a chart

there are so many other things involved here with VIIC other than a simple chart


but, there is no denying it
im not the only one reading a chart

and other people are seeing this too

do you see the little red candle that we had today?

that little red candle,
the bottom of it, is almost at 50% of the green candle (previous day)

50% of the previous green candle is at .0146
todays red candle gapped up at the open
and then closed red at .0148

if we would have closed at .0146 - we would still be a higher close than yesterday but we would be at an exact 50% of the previous green candle

when you are saying higher lows, typically that is a running trend line (like in ascending triangles fashion)

anyway - a dark cloud cover is when the bottom part of the red candle closes at 50% of the previous green candle or lower than 50% - which we were at about 48% (close enough)

bottom line is - people are reading that on the chart

just being honest with you - for a chart trader - that points out - a DISCOUNT can be here soon - to buy into the stock - so they will wait to buy in

that is fine - nothing wrong with it

VIIC has been very healthy these last 6 sessions

it has not collapsed
its bouncing off support
and thats what you want

[AXE_EVERYTHING]

the Morning Dip was from Yesterday's Dark Cloud Cover (see my previous posts from yesterday)

in my opinion these .012's has proven time and time again that this is a MASSIVE support level


I am LONG Viic

can we fall through this .012 support? maybe

but if we do, then you have a bargain of a lifetime

everything in the .012's area should be getting bought quickly

the moment VIIC has any news - this thing is goin to get FREAKY !!!!