Replies to post #21330 on Hong Yuan Holding Group (HGYN)

[BRICK_TOP]

I'm tryin to hit another angle because technicals, fundamentals and psychology all affect a stocks price action

[KeepsMeSwingin]

Is it the price drop that has made this more of a reality for us?

Absolutely.

If the pps was to bounce hard tommorrow, would we just shrug off all the worries and go back to our euphoric state?

That's the plan. :)

[izler]

It's taken it two weeks to get back down to the low 0.03's. If you remember correctly there were a lot of buys in the high 0.04's and in the 0.05's and those gaps filled. So I don't think the decrease is from the R/S news. I think they want to fill this gap and get cheapies. There should be loads of buying pressure at 0.029 which should create momentum once it's filled and more volume will come in making this bounce up to the last level if not higher. Just my opinion. We should know tomorrow. Good luck.