Replies to post #28147 on Baltia Air Lines Inc. (fka BLTA)

[Dr PennyStock]

What happened during the most part of the day was consolidation, any experienced trader can see it.

I am not calling a good day, I am saying that this close can be good because a close at a support can cause a bounce since the open tomorrow.

[RiverWolf]

That's what consolidation is.

lol profit taking. (and you guessed it. takes two to tango)
Now the new people have their shares for next leg up.(note every big gain on BLTA and this goes for most tickers... Is met with a pullback. Consolidation. No stock that I know of goes straight up and never looks back.

**25% gains is nothing as BLTA has demonstrated many times b4.
***Chart reminds me of June 24th. Note are RSI this time looks way better

[whathen]

After today's performance, I would not be surprised if the .017 support is broken before the end of this week :(