Replies to post #11134 on Koil Energy Solutions Inc. (KLNG)

[xZx]

deepsuccess, feel free to post often. your questions help all of us learn, so welcome aboard.

"deep down inc." did a reverse merger with mediquip, a shell company, about 6 months ago. so the chart you see actually belongs to two totally different companies. once the merger went into effect DPDW took over the chart that once belonged to a medical equipment company.

one nice thing about this, from a technical standpoint, is that no one owns any stock over .85, the top of the chart after the r/m. this means once we make our way over .85 we will have a "blue skies breakout". no resistance at all.

i put a green bar on the chart approximately where the reverse merger began. the big spike up that happened two weeks later was when the new ticker symbol showed up on the OTCBB daily list. kaboom..!

[lakingsphan0427]

Hey finally made huh..welcome to the board Deep..

Wow you are up 100%..thats awesome..Smart money is played by taking some profit out of the table..Of course I am not encouraging you to sell but thats just the way it is..

GL

[Fishin' Canuck]

Welcome Deep!