Replies to post #68497 on Options Media Group Holdings, Inc. (OPMG)

[VIPR]

That was last week, our good pal/gal CR says we bounced off support,.0040. Looks good.

to Clarify, that is NOT what I said.(my "original" post is below) I said the .004's were repeating what happened in the .005's and did NOT look good. In the 5's it touched .005 "twice" before going into the 4's. Now in the 4's, it has touched .004 "twice" and I said if it breaches the 4 level it will get ugly, real quick. I will post the chart again in a minute.....

IT DOES NOT "look good" from what I see currently...... It needs to get away from the 4's......


THIS.....is what I DID SAY.....

Lower Highs & Lower Lows.

Looks to be consolidating the mid .004's very much the same way it did in the .005's

When in the .005's it touched .005 twice before it finally broke through into the 4's.

As you can see on the chart, the 4's are setting up very much the same way. It has now touched .004 "twice". If it pushes through that .004 support we could move down pretty sharply. If the headliner news doesn't push it through .005 which looks like the next "resistance", it could get pretty ugly IMO. We should hear about the headliner for the concert shortly. The company should also get something out via PR about their participation in this event IMO, for whatever that may be worth....

I did not spin my words....it was pretty clear cut what I said...

[Almost retired]

That was last week, our good pal/gal CR says we bounced off support,.0040. Looks good.

LOL(not really). .004 support, close to recent 52 week low. How well has technical 'support' worked in the past? We are caught in a downward spiral my friend, there has been no support.
Now all our hopes are hanging on this event that is proving to be a non-event for OPMG. The facts are clear, the speculation is not. We wait.