Replies to post #59 on The Mud Pit

[TheHungryHippo]

HIPPOS LONG TERM RALLY CALL on WNTR CHART:

Ichimoku Cloud UPDATE:
STILL SAYS LONG TERM UPTREND IN EFFECT,

MR KRISTAN has said "this is a long term investment" on more than one occasion. Our goal here is not to day trade the stock, but ride a wave to higher ground. Based on the pure physics of this momentum in volume.. We are in a long term organic uptrend.

The Chikou Span -- The Chikou Span is today's closing price projected back 26 days on the chart.

Also called the lagging span it is used as a support/resistance aid.

If the Chikou Span or the green line crosses the price in the bottom-up direction, that's a buy signal. If the green line crosses the price from the top-down, that's a sell signal.

Ok now look at WNTR chart up on the 6 month view and then the 1 year view..

You see the Chikou Span is telling us that this is JUST THE BEGINNING, of a long term uptrend.

This initial run to .01, was just the buy signal.

Remember this stock was at .20 cents not too long ago. and that was when the float was 55 million, its only 86 million right now and we have turned the float over several times in trading and It has to be pretty damn close to being locked up if there was only 10 million in volume today. So yes some days will be red. But in the long term we will push to the upside from here.





Also the Second signal is starting to emerge as well.

Kijun-sen calculation: (highest high + lowest low)/2 for the past 26 periods.

This is a confirmation line, a support/resistance line, and can be used as a trailing stop line. the Kijun Sen acts as an indicator of future price movement. If the price is higher than the blue line, it could continue to climb higher. If the price is below the blue line, it could keep dropping.