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Shaark

12/23/17 7:07 PM

#17593 RE: karlstier #17591

Tuesday technicals & other "Trompe L'oeil" shenanigans. Merry Christmas to all & a great 2018. Thank you Karlstier & same wishes to you & those with you. Friday saw the upper Bolinger band breached, while the RSI & MF Index are firmly in OVERSOLD territory & momentum has had little gain to confirm direction. Volume was down by about 30% from Thursday's, showing a weakening of conviction by the Bulls, that will probably translate into a reversal to the mean{1.15C-1.45C]over the next few trading sessions, albeit any further pumps or news of the + kind. I would also like to address comments regarding my posts, there are those that claim that I post as if it was a personal blog & others claiming that they don't care, 'cause I'm some sort of idiot not to see that ACOL is a rocket headed to the "$1 Heavenly Portal of Perpetual Financial Gratification", to all of you, I say the following: What I post is about both technical & fundamental analysis, which is precisely what this board is designed for & if you think comments such as "This puppy is gonna fly", ACOL $$$" "Get the F outa here" & other highly stimulating opinions are of any value, so be it, we obviously differ in perspective & in our concept of what a financial board should provide & share with others of the same ilk.
Please note that when it comes to Technicals, these can be breached both to the upside & downside, because people can be highly irrational when investing & the markets have proven it to be so, not to mention manipulation & in some cases outright fraud. However, what technicals actually DO, is they point to the likely & probable direction that the particular security is likely headed towards in the near future, in this case ACOL. Trading involves risk. This is NOT intended as financial advise. GLTA Play it as you see it. P.S. Tomorrow I'll post the part that relates to what I uncovered in the Pennies, that could become a $$$ blackhole for the unsuspecting, specially since so much of OTC stocks are running on fumes, that have been highly perfumed to disguise their true foul odor. Thank you Karlstier, tomorrow for sure.