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mdimport

05/20/20 10:53 AM

#16185 RE: PistolPete77 #16184

$0.0016 is an estimated price point of where the golden cross may start from. It could be lower if the S-1 takes a bit longer and the 200DMA moves lower.

Once the golden cross is in place, traders typically expect a major rally to occur.

The only reason for a major rally is updates from $IGPK, which can only happen with corporate updates. Hence the general correlation between the S-1 effective date and the golden cross.

Worth reading up on death crosses and golden crosses.



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stockplayer-11

05/20/20 10:57 AM

#16186 RE: PistolPete77 #16184

.0016 will basically be the break through point. Goes by it and it'll really take off for us.