Replies to post #22825 on Hong Yuan Holding Group (HGYN)

[reasondeep]

Considering we moved up as much as we did yesterday, sustaining the current price seems to me to be a strength. Although I too expected a strong green day today, I won't complain about todays action. Past gaps always act as strong barriers, and considering the fight we put up today, this resistance zone will become a very strong support once we climb over. I'd rather battle through it then gap over it. If we had high volume and the price moved unfavorably that'd be a different story.

CERP is in solid shape as it stands currently. Tomorrow will bring more information to decipher. I do expect a quick sell off tomorrow, test .04ish, and then be off to the races. May not need the sell off if we start with strong volume, but if we dip back down to .042, I expect to test .04.

[ybnormal]

True, but remember, there has been considerable consolidation near the pps we're at now. I think there aren't alot of people wiling to sell right now...we're waiting for it to run, and buyers are looking for a signal that they'll make money with CERP. IMO the flippers and weak hands are out at this point for the most part. Also, there has been a ridiculous amount of shorting going on.

[TaxiCaT]

True, but the higher we go in pps- the lower the volume will be until our true breakout day-

[mystocks24hours]

Remember large sellers taken down easily
After hitting 0.048. There s 500k seller at 0.045 and it was taken down easily,
I think we consolidated today
Imo