Replies to post #118535 on The Jailhouse (JAIL)

[tothe]

MMEX chart~~ T-trade 7 weeks and one day
-Where you see the '+' it was a buy.
-Weekly totals combine respective buys & sells.
chart thread post

* Note conversion continues into our 7 week dilutive down channel, today we closed below the DC breakout line. Retail buying is slacking off dropping us into the $0.008 side channel and a hit on an intraday low not seen since August 7.
* T-trades for today totals 4.1M shares, the highest daily total we have had.
* If retail support weakens we should fall into $0.0075 - $0.006 side channel but we are need 50M daily volume to push us back to $0.01. We are in classic dilutive price erosion into sub penny and it is kind of hard to get $400,000 dollar volume a day in the OTC especially during the December wash sales.

 
    * Monday Nov 6        210,000 x $0.0131 = $2,751    
    * Tuesday Nov 7     1,029,129 x $0.011935 = $12,283    
    * Wednesday Nov 8     759,234 x $0.012339 = $9,368  
    * Thursday Nov 9      600,000 x $0.01336 = $8,016  
    * Friday Nov 10       603,288 x $0.013466 = $8,124    
    * Total Shares      3,201,651  
    * Total Cost                             $40,542 
 -------------------------------------------------------------- 
    * Tuesday Nov 14      +50,000 x $0.0153 = $765 (pre market) 
                        4,500,000 x $0.016085 =  $53,707  
    * Wednesday Nov 15  1,000,000 x $0.016267 = $16,267    
    * Thursday Nov 16      +4,697 x $0.0158 = $74 
                        1,189,597 x $0.015285 = $18,183  
    * Friday Nov 17     1,200,260 x $0.01537 = $18,448 
    * Total Shares     7,944,554 
    * Total Cost                             $107,444 
 -------------------------------------------------------------- 
    * Monday Nov 20      +897,379 x $0.01519 = $13,631 
                       +1,962,150 x $0.015 = $29,432 
                          +20,000 x $0.014 = $280 
                          +20,000 x $0.014 = $280 
                           10,000 x $0.014 = $140 
    * Tuesday Nov 21   +1,658,392 x $0.01325 = $21,974    
    * Wednesday Nov 22  1,200,406 x  $0.012347 = $14,821 
                          300,000 x $0.011886 = $3,566 
    * Friday Nov 24       600,000 x $0.01266 = $7,596 
  
    * Total shares      6,668,327 
    * Total cost                            $91,720 
 ------------------------------------------------------------- 
    * Monday Nov 27     1,200,000 x $0.010731 = $12,877 
    * Wednesday Nov 29  1,014,150 x  $0.010486 = $10,634 
                         +370,118 x $0.010768 = $3,985 
    * Thursday Nov 30   1,115,500 x $0.010531 =  $11,747 
                        1,026,927 x  $0.010533 = $10,817 
    * Friday Dec 01       600,000 x $0.009769 = $5,861 
                       +1,635,874 x $0.00996 =  $16,293 
  
    * Total shares      6,962,569 
    * Total cost                            $72,214 
 --------------------------------------------------------------- 
  
    * Wednesday Dec 6     700,000 x $0.009948 = $6,964 
                          760,100 x $0.00952 = $7,236 
    * Thursday Dec 7      500,100 x $0.009455 =  $4,728 
                          887,147 x  $0.00946 = $8,392 
                          621,566 x $0.009629 = $5,985 
    * Friday Dec 8        480,000 x  $0.009358 = $4,492 
                          720,000 x $0.009367 = $6,744 
                       +1,213,517 x $0.009806 = $11,900  
                   
    * Total shares      5,882,430 
    * Total cost                             $56,441 
 ------------------------------------------------------------------ 
  
    * Monday Dec 11       720,000 x $0.009439 = $6,796 
                          392,585 x $0.009678 = $3,799 
                           99,336 x $0,009726 = $966 
    * Tuesday Dec 12   +1,869,000 x $0.009599 = $17,940 
                          274,509 x  $0.009458 = $2,596 
                        1,280,000 x $0.009547 = $12,220 
    * Wednesday Dec 13   +895,000 x $0.00935 = $8,368 
                          935,000 x $0.00889 = $8,312 
    * Thursday Dec 14   1,000,000 x $0.009033 = $9,033 
                          836,465 x $0.00844 = $7,060 
    * Friday Dec 15     1,000,000 x $0.008943 = $8,943 
                          900,000 x $0.00896 = $8,064   
  
    * Total shares     10,201,895     
    * Total cost                               $94,097 
 ------------------------------------------------------------------ 
  
    * Monday Dec 18     1,003,687 x $0.008988 = $9,021 
                        1,003,687 x $0.008865 = $8,898 
                          600,000 x $0.008946 = $5,368 
                        1,500,711 x $0.00859 = $12,891 
  
    * Total shares      4,108,085     
    * Total cost                              $36,178

* Down channel rules
http://thepatternsite.com/channels.html
* Symmetrical Triangle rules
http://thepatternsite.com/st.html
* Busted ST rules~~~ let the fun begin
http://thepatternsite.com/BustSymTriangles.html
* See stop loss locations for the ST
http://thepatternsite.com/Stoplocate.html
* The Swing Trap
http://www.swing-trade-stocks.com/swingtrap-chart-pattern.html
* Throwback rules
http://thepatternsite.com/throwbacks.html
* Pullback rules
http://thepatternsite.com/pullbacks.html
* Turning point rules
http://thepatternsite.com/PartialRisesDeclinesThrowsPulls.html
* Finding Market bottoms.
http://thepatternsite.com/Bottom.html
* Money Management, Day Stops & Volatility Stops
http://thepatternsite.com/ThrowPull.html



Measure Chart
http://stockcharts.com/h-sc/ui?s=MMEX&p=D&yr=0&mn=5&dy=0&i=p26284311631&a=547077002&r=1513214317842





15d 60min
https://stockcharts.com/c-sc/sc?s=MMEX&p=60&yr=0&mn=0&dy=15&i=p67040221361&a=548167419&r=1507046589117



15d 15min
https://stockcharts.com/c-sc/sc?s=MMEX&p=60&yr=0&mn=0&dy=15&i=p67040221361&a=548167419&r=1510357921923




3m DAILY
https://stockcharts.com/h-sc/ui?s=MMEX&p=D&yr=0&mn=3&dy=0&i=p75407060163&a=555723415&r=1510359520169