because even SUBpenny stocks follow technical rules.. The reason we BROKE .01 was the 200 DMA was broke. and we began our selling.. usually you’ll get a 20-30% retracment in an overbought situation like this.. however b/c so many weak people and gamblers bought on the way up, they are just as fast to sell on way down basically the bulk of them tend to be out around a 50% retracement level which 1/2 of .01 is .005 right ? so of course when selling subsided the other day we popped on hopeful scoopers.. but now we will begin moving lower AGAIN and those who bought BACK IN and BOUGHT MORE will inevitably be forced back out on another 50% move or .002-.003 as our next level.. WHICH (not coincidentally) I mentioned a month or 2 ago that that is where I was looking ORIGINALLY to cover, and everyone on this board laugh.. well.. now were back into the .005's and I’m still up about 6k and just watching as it begins to move closer to my bids to lock in about 15k.
These .005's wont hold much longer and once they break that’s the FINAL nail in the coffin.. this POS is done done and done and I would highly recommend anyone in it get out before the avalanche starts up again.. every stock has a time to buy.. this one hasn't reached that time yet !!! laugh all you want but that’s what’s going on.. the fundamentals of this DREAMER company will NEVER save the share price... EVER
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