I can't blame you. It appeared as nothing was going to stop the downward trend then all of a sudden a jump out of no where. Probably right after you sold. Lol.
Lol...had to bail on 80%..of another..now here other was riches or bust...for me...10 yrs ago going bust would be no problem ..but we'll time moves on and one gets old...was fun getting here...won't get rich here but it'll help..prayerfully ...hurts bailing on the other..liked her..management pulled a rookie move...
Sorry you sold bud, I added yesterday and today, once you know how the game is played and knowing this will happen again and again as we head into dollar land, I know it's a challenge between the Chartist, RSI, DD, their product news and the shorts, we are still at the ground floor knowing where DOLV is heading, it's not to late to add more imo .... GLTU ....DOLV ..!!
A Nice Fibonacci pullback text book! Went beyond the 50% which can occur but it went to the next level and was almost exactly 61.6% pr down to 0.036.
This was a typical Fibonacci run with a minor pullback and in closed above the support of 50% with the formation of a spinning top indicating a high probability of reversing but it was expected as everyone knows each uptrend and downtrend usually has 3 printed candles in a row (daily and weekly charts when uptrends or downtrends are confirmed). Everyone knows when to buy on the pullbacks. The hardest part is predicting the Fibonacci extensions.
Now that its complete I expect Monday will break the 0.063 printed candle and start a brand new 3 green candle wave. The extensions show this could run to between 12-18 cents for the next wave. SO the best time to release solid news would be after the ascension on Wednesday. So Wednesday or Thursday is my prediction.
I thought it would close at a tighter spinning top but it seems this run due to an afternoon news release skewed the typical wave patterns pushing it off by about 4 hours. So if this was corrected you would have had 3 green candles and 2 red candles and a spinning top or hammer. The end of the day it already started to move up as if it was beginning the ascension to break 0.063s and start the next wave.
I am looking forward to getting this stock above 50 cents so it is no longer perceived as a penny stock. The BIG MOVE will happen when this crosses the $1.00 mark.
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