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Martin11

05/07/17 12:47 PM

#18527 RE: snax #18525

My opinion is if the news is extremely good it could go up to .12 and most of the time trade in between .09 and .12 close at .095 This trend would go on until more news comes in the next couple of weeks to break .15 or above.
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User-65225

05/07/17 1:04 PM

#18530 RE: snax #18525

The aggressive market makers only seemed to play their games when the intraday charts were bearish

When the intraday charts went bullish, they backed off... but unfortunately we didn't have the volume needed to break us out. Even tho it was still climbing on light volume all Friday

Some here don't believe in charts, but it's blatantly obvious that the chart plays a big role in how the market makers/traders are playing this.

Also, news has had a much more powerful effect when the intraday charts are consolidated/ready to run... compared to the effect news has had while the intraday indicators were overbought/bearish.

Fortunately for us, the intraday charts are completely consolidated now with plenty of room for the next leg.