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PoorTrader500

04/17/19 4:00 PM

#46885 RE: PoorTrader500 #46884

The leg prior to that ran up to $.18 before giving back about 30% and finding support around $.125.

20-30% pull backs have followed each leg up since January.
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PoorTrader500

04/22/19 12:31 PM

#46983 RE: PoorTrader500 #46884

Exactly what this ticker should be doing right now. All of the indicators are way over extended and it needs time to cool.

Like I mentioned last week, this week should bring continued consolidation, dropping it down to the mid-$.50’s.

Keep in mind that this ticker has shown us how quickly it can reverse a trend. The consolidation could only be a few days before it starts its next leg up.

Nonetheless, this week will provide a great opportunity to buy.