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Almosthere

08/20/20 8:30 PM

#198352 RE: joshuaeyu #198350

Thanks for your input. Very helpful.

I would expect we see more of those chartists pouring in!
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Eicheljager

08/20/20 8:44 PM

#198353 RE: joshuaeyu #198350

Sounds similar to our 2017 trip to .44. Hopefully the event happens this time.
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Base2Final

08/20/20 10:27 PM

#198363 RE: joshuaeyu #198350

Yes, the Chinese invented charting. I think it was first used to predict fish pricing and is ingrained in their commodities markets still today. If I remember correctly, candlesticks were used first and then P&F charts developed for longer term trends. Watts can correct me if I am wrong on this.

TA merely notes buying and selling patterns and predicts the odds of different outcomes. The best analogy is that of the weatherman who notes high pressure movements and low pressure movements and prevailing winds and then gives the most likely outcomes.

Nowadays, weather services are much more accurate and use satellites and dropsonds and all sorts of equipment.

However, traders are now using satellites to look at retail stores' parking lots and the raw materials from their suppliers' suppliers. Quant funds have even been known to trade in such a manner as to mimic chart patterns just to fake out day traders on highly liquid stocks.

SO charting only notes the probability of results by comparing observed conditions and comparing it against past behavior patterns. Since we are human and somewhat governed by human emotion, this can have appear to have an uncanny effect that appears to be voodoo. It is not. It is merely a collective of knowledge that says "I have seen this before and 30% of the time we get X, 20% ..Y, 50%..Z.

Sometimes it fails miserably.

Unlike what IATECLUBE said, no chartist takes credit for the move. That would just be stupid and it is an ignorant claim that I would compare to blaming the weatherman for the weather.

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I can not comment on the current chart because, although I expected a very bullish push, I never expected THIS! Glad that I am, my charts are a wreck and it will take some time to get some perspective. No one can chart this right now (Well, not me!), there has only been a hint at basing and consolidation only to ripped by another move upside. I need to construct a volume by price and a VWAP chart to see where ownership is now - and I need to look at everything six ways to Sunday.


Sorry this is so long, I am quite drunk.


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The Paraclete

08/20/20 11:10 PM

#198367 RE: joshuaeyu #198350

November rain? Are you hinting that you think Liquidmetal will be raining money this November?
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JoTu

08/21/20 8:39 AM

#198414 RE: joshuaeyu #198350

“July spike was the leading indicator.”
someones somewheres knew somethings before q2 came out and dropped upto 500k on upto 6 million shares

“Chinese Investors have everything to do with Tesla stock price.”
hoping chinese investors do to lqmt what they did to tsla after they see the november rain
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Almosthere

08/22/20 10:23 AM

#198759 RE: joshuaeyu #198350

Doesn’t look like it was the Chinese chartists investing after all.

Just mm’s using the current info to make a few quick bucks.

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Almosthere

08/22/20 11:42 AM

#198766 RE: joshuaeyu #198350

Nevertheless, the stock is still up and holding at around 0.13.

The 10Q info is very good news, and providing support.

I wonder if first orders of recurring and ongoing volume that began in July is referring to the Huawei foldable phone hinges (7-14 million hinges)

The article you posted about the industrialization of Liquidmetal through Huawei seems to reinforce this.

I don’t think Liquidmetal has produced for Huawei before (Eontec has). So if Li landed a contract for Liquidmetal for the hinges, first orders of recurring volume orders that began in July would make sense.

You think this first order is with Huawei for foldable phone hinges Joshua? If so, what kind of potential revenue flow do you think we can expect for Liquidmetal.