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stock_observer_77

01/15/11 11:21 PM

#114774 RE: Driven #114773

Drug...

If I may...he sent that out beforer the market - at the time, the price was Thursday's close (.60 or .61).

"Trigger" is a breakout / resistance point...a point where the likelihood of a move forward is very strong because the price moves through that point.

You generally want to buy at these points (yeah, it seems ODD and one may ask why wait to buy at .65 when you can buy at .59, etc.) - well technically, the chart is not ready for a move (or proven that a move is likely) until that point is "broken".

Many times then, that breakout point becomes the new support. If that breakout does not happen (e.g. IGC never gets through .65, it can usually drift back to the previous support).

Anyway, stay on this board and ask questions / read, etc.

I've made a committment to never buy PINKS again.

My first 3 buys this year came from here...IGC, SPEX, and PARD...3 for 3 so far...made about $2k already.

I'm going to be a regular here...learning from the best - and they are here!
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AugustaFriends

01/15/11 11:33 PM

#114775 RE: Driven #114773

Welcome aboard - The trigger was posted before Friday Market opened -- You will need to link back a couple of times to see the last of the HEADS UP Trigger alert at 2AM on Friday. IMO the 50% kicks in from that .65 trigger -- or -- .97 to .99 cents. The first resistance is at .99 --- There is a lot of MOMO now on IGC and give a fews days longer and it will break that .99 wall.


NOTE: I had been posting to accumulate IGC when it was between .56 to.62 --
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Driven

01/16/11 9:33 PM

#114838 RE: Driven #114773

Thanks guys for the info!