Replies to post #15753 on VeeMost Technologies Inc (VMST)

[d0lphint0m]

As always, thank you.

[tothe]

GDVM weekly charts~~~ BB squeeze effect finally showing up because of weeks and weeks of low volatility. Descending Triangle we have is not caused by distribution and it is in middle of a primary up-trend... a perfect oxymoron example caused by 1000 shareholders of record blending indecision with tight float accumulation. The DT is in the 90% apex and sure as hell has to break the upper trend line because one year of testing .035 support is not gonna break out down any time soon! In fact if you extend the DT upper trend line to 0.370 you have a one year descending triangle..
chart & TA post thread

https://school.stockcharts.com/doku.php?id=trading_strategies:bollinger_band_squeeze
https://thepatternsite.com/dt.html
https://school.stockcharts.com/doku.php?id=chart_analysis:chart_patterns:descending_triangle_continuation
https://stockcharts.com/h-sc/ui?s=GDVM&p=w&yr=1&mn=0&dy=0&id=p24986097784&listNum=23&a=1113701411


Highlighting the Bollinger Band Width
https://stockcharts.com/h-sc/ui?s=GDVM&p=W&yr=1&mn=0&dy=0&id=p39640633414&a=1113701411