Replies to post #273769 on Green Energy Enterprises Inc. (GYOG)

[Penny Gold Mine]

Big playas showin up here. Hmmm.

[hstang04]

Nice ss, bottom in, gonna see a nice run here

[Porgie Tirebiter]

What volume? $1,000 is capable of moving QASP 20% on a given trade. That's like a 40% spread. Once you're in, how do you get out?

If someone is here to flip, then maybe you'll get 10% on a $200 ride. Play with any more than that and you are a "whale" here. And always keep in mind that the biggest whale in the QASP ocean never hesitates to take all the bread out of the toaster any chance he gets.

[lasernat]

Agree

[SunScents]

For a reversal to happen, there has to be a reason.

So, what is the reason in your opinion? The business is failing. Dillution has been HUGE over the last 12 months.

Take a look at the posting history here. You'll find that each time the volume of posts have increased. The share price has decreased. Leaving behind a sea of new bagholders.

That's why I say the chart is ugly.

[wolverine02]

QASP Daily Chart - Falling Wedge Reversal - Accumulation on the Rise

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:falling_wedge_revers


The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish bias cannot be realized until a resistance breakout.

The falling wedge can also fit into the continuation category. As a continuation pattern, the falling wedge will still slope down, but the slope will be against the prevailing uptrend. As a reversal pattern, the falling wedge slopes down and with the prevailing trend. Regardless of the type (reversal or continuation), falling wedges are regarded as bullish patterns.

[catdaddyrt]

no reversal, just grabbing another gear downhill to the cellar