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kclark55

08/19/17 1:47 AM

#23040 RE: Cheds #23039

i hear ya Cheds, per charts maybe but with merger finalization news expected very soon, don't see the usual selling occurring next wk, thought it would possibly touch .16 today on a friday too but seems most folks are holding .. we shall see
$OMVS
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MMEX_MILLIONAIRE1

08/19/17 5:50 AM

#23041 RE: Cheds #23039

You're overlooking the fact that it has held higher values on higher volume negative days (churning on higher ground). The wedges you have drawn tell me that 16's are going to get tested and more than likely hold (starting the squeeze already). I took a small sampler position yesterday. Volume was light on Friday with little movement. All depends on the notes if those supports get tested. I do have a position now so I will be posting periodically, just couldn't handle being all the way out.
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MMEX_MILLIONAIRE1

08/19/17 6:23 AM

#23042 RE: Cheds #23039

Also if you could post Fibonacci Extensions for your resistance levels, you're charts would then be more neutral VS. bearish and would have a truly unbiased theme on which you claim.
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SurgeGuy2.0

08/19/17 10:48 AM

#23051 RE: Cheds #23039

OTC is wildcard, charts cannot be used reliably IMO