Impulse Wave 1 - The Accumulation Stage the Wave right after a prolonged downtrend.
Wave 1
The stock makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons, real or imagined) feel that the price of the stock is cheap so it’s a perfect time to buy. This causes the price to rise.
Wave 2 - Stock Declines
At this point, enough people who were in the original wave consider the stock overvalued and take profits. This causes the stock to go down. However, the stock will not make it to its previous lows before the stock is considered a bargain again
Wave 3
This is usually the longest and strongest wave. The stock has caught the attention of the mass public. More people find out about the stock and want to buy it. This causes the stock’s price to go higher and higher. This wave usually exceeds the high created at the end of Wave 1.
Wave 4
Traders take profits because the stock is considered expensive again. This Wave tends to be weak because there are usually more people that are still bullish on the stock and are waiting to “buy on the dips.”
Wave 5
This is the point that most people get in on the stock, and is mostly driven by hysteria. You usually start seeing the CEO of the company on the front page of major magazines as the Person of the Year. Traders and investors start coming up with ridiculous reasons to buy the stock and try to choke you when you disagree with them.
This is when the stock becomes the most overpriced. Contrarians start shorting the stock which starts the ABC pattern.
Note: This Boards objective, is to make MONEY for its readers, by ALERTING them to stocks that are ready to Buy, before they have their move-up and their "RUN".
Had you bought just 10 Million shares at 0.0001 for a Cost of just $1,000 your 10 Million shares could have been Sold at a conservative 0.0040 for $40,000 <------------- on the climb to 0.0080
KRFG Security Details Share Structure Market Value1...............$11,751,505 a/o Mar 15, 2019 Authorized Shares...3,000,000,000 a/o Mar 15, 2019 Outstanding Shares..1,971,729,001 a/o Mar 15, 2019 Restricted.................Not Available Unrestricted...............Not Available Held at DTC................Not Available Float........995,648,280 a/o Feb 27, 2019 Par Value 0.0001
Authorized Shares, has No Bearing on the price.
The Shares Authorized, is not used in any fundamental of financial calculation, to determine company value.
Note: This Boards objective, is to make MONEY for its readers, by ALERTING them to stocks that are ready to Buy, before they have their move-up and their "RUN".
Had you bought just 10 Million shares at 0.0001 for a Cost of just $1,000 your 10 Million shares could have been Sold at a conservative 0.0040 for $40,000 <------------- on the climb to 0.0080
KRFG Security Details Share Structure Market Value1...............$11,751,505 a/o Mar 15, 2019 Authorized Shares...3,000,000,000 a/o Mar 15, 2019 Outstanding Shares..1,971,729,001 a/o Mar 15, 2019 Restricted.................Not Available Unrestricted...............Not Available Held at DTC................Not Available Float........995,648,280 a/o Feb 27, 2019 Par Value 0.0001
Authorized Shares, has No Bearing on the price.
The Shares Authorized, is not used in any fundamental of financial calculation, to determine company value.