Replies to post #48715 on Sugarmade Inc (SGMD)

[remember my name]

I always talk about the mechanics of a stock . I was looking fir
Low volume and up days for a period of time . What we got was low volume and a steady price
Of about .015 . This meant to me jimmy was not selling . This sets up the stock
To Stabilization . We have the news of recognizing budcars and soon we will have the news of another
Location Opening soon . This will propel the Stock higher .
What I have not talked about was high volume days. This mimics unusual price action just like
In options trading . Volume increase in options usual is followed by a stock going higher.
Most likely means someone knows something . Friday and today has been high volume days
Follow by a up tick in the stock . This is called momentum . Daytraders love a nice percentage
Gainer before jumping into a stock . This is the beginning of the end of selling for Sgmd .
Those that choose To watch will Eventually be memorized by the upward movement . Usually they jump
On the momentum or they buy every dip .
This is called good price action given investors confidence to buy .

Christmas present is coming soon .