Replies to Post #82544 onMMEX Resources Corp (MMEX)

Replies to post #82544 on MMEX Resources Corp (MMEX)

Replies to #82544 on MMEX Resources Corp (MMEX)

tastock

01/11/18 8:10 PM

#82551 RE: tothe #82544

Very good work on chart thanks

tothe

01/12/18 10:33 PM

#82775 RE: tothe #82544

MMEX chart~~ T-trades.10th.week & RS Trading Rules
-Where you see the '+' it was a buy.
-Weekly totals combine respective buys & sells.
-Reverse Split & trading rules in chart section
chart thread post

*December Executive Summary.
http://www.mmexresources.com/pdf/MMEX_Executive_Summary_12_2017.pdf
* Pre 14-C , Jan 08, 2017
https://ih.advfn.com/p.php?pid=nmona&article=76428570
* V Fuels news, Jan 09, 2017
Note: V Fuels as a private company is not required to give out information to the public.
http://www.vfuels.com/news/
* 8-K Failure to Satisfy a Continued Listing Rule , Jan 11, 2018
https://ih.advfn.com/p.php?pid=nmona&article=76466564

* 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
* Tuesday Dec 19 +700,00 x $0.008287 = $5,801
+1,270,000 x $0.00822 = $10,439
* Wednesday Dec 20 322,325 x $0.0084 = $2,708
1,000,000 x $0.008126 = $8,126
* Thursday Dec 21 800,000 x $0.00837 = $6,696
* Friday Dec 22 563,645 x $0.008236 = $4,642

* Total shares, this week 8,775,055
* Total cost $74,590
------------------------------------------------------------------

*Tuesday Dec 26 +487,438 x $0.008373 = $4,081
360,000 x $0.008053 = $2,899
* Wednesday Dec 27 1,530,000 x $0.00784 = $11,995
* Thursday Dec 28 1,000,000 x $0.007616 = $7,616

* Total shares, this week 3,377,438
* Total cost $26,591
------------------------------------------------------------------

* Wednesday Jan 3 +1,903,856 x $0.7902 = $15,044
* Thursday Jan 4 1,583,333 x $0.00704 = $11,147
1,000,000 x $0.007195 = $7,195
10,000 x $0.0072 = $72
* Friday Jan 5 1,500,000 x $0.007457 = $11,185

* Total shares 5,997,189
* Total cost $44,643
------------------------------------------------------------------
* Monday Jan 8 +1,102,649 x $0.007134 = $7,866
+2,005,879 x $0.007056 = 14,153
* Tuesday Jan 9 764,999 x $0.006517 = $4,985
* Wednesday Jan 10 1,008,546 x $0.006864 = $6,923
967,929 x $0.006828 = $6,609
* Thursday Jan 11 1,000,000 x $0.006571 = $6,571
1,395,002 x $0.006812 = $16,074
* Friday Jan 12 2,841,190 x $0.006443 = $18,306

* Total shares this week 11,086,196
* Total cost $74,916

-------------------------------------------------------------------

Running total- 70,076,502

Oct 31 issued- 63,079,398
Oct 31 issuable- 69,691,833
Oct 31st- Full o/s 1,537,342,476
Dec 31st- Full o/s 1,553,759,224
Difference- 16,416,748 shares extra
About 9 million left?

==========================================================================

CHARTS

* New chart pattern emerging as note conversion and shorting continued into an 10 week Measured Move Down.
* The 3:01PM release of the 8-K shows pre RS traders gaining position. These traders troll the markets for this type of setup and trade to accumulate 100s of millions "free shares". Volatility increases and the down trend of the PPS is always there if there is dilution. If there is low or no dilution the up trend starts and gains momentum as volume increases. If Jack gets a commitment for Traditional Financing the backers may force and early RS to bring the share structure from penny to the dollars size needed for the convertible preferred stocks. The Trump tax cut means some companies will be flush with cash for JVs, M&A or hostile buy-outs.

* Event chart pattern rules
http://thepatternsite.com/eventpatterns.html.
* All OTC listed splits this year
https://www.otcmarkets.com/market-activity/splits
* Stock Splits rules
http://thepatternsite.com/StockSplits.html#NOB1a
* More reverse split info
http://www.investopedia.com/ask/answers/06/reversestocksplit.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
* Market cap & Performance rules
http://thepatternsite.com/markcap.html
* Measured Move Down
http://thepatternsite.com/mmd.html
* See stop loss locations
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

OBV = Insiders, big share holder investors(institutional, etc. and Registered shareholders, that is; individual shareholders with more than 5% holdings in the company.
Accum/Dist = over the counter individual Retail shareholders with less than 5% of the company stock.
ChiOsc = those who control the stock PPS and chart actions, that being MMs. Try to think of the various MM shops as computer driven algorithms which in reality what they are.
~~~These three technical indicators have explanations on StockCharts.com and other places, that tell what they do technically, but they also work to track the buy/sell sentiment of the different sectors of shareholders
*** The Four Dilution Over Indicators
Watch for OBV, CHiOsc, MFI and Accum/Dist all turning up together... with less weight to Accum/Dist. & more weight to ChiOsc & MFI turning up together.
* Who is buying and selling:
When CMF is in selling and Stoch RSI at BE IN, retail is buying and big guys selling. When CMF is buying and Stoch RSI is at BE OUT, Retail is selling and big guys buying. I think of Stoch RSI as what retail wants and CMF the bank. Customers deposit and withdraw from the bank, during conflict.

Measure Chart
http://stockcharts.com/h-sc/ui?s=MMEX&p=D&yr=0&mn=5&dy=0&id=p78431782771&a=567780950