Trytosaveabit :
Yup! Regained compliance! Now its a micro/nano float! Less than 500K! So any buyside pressure at all is going to pump it! My only advice is to make sure if you’re in? Is definitely stick to you scaling out to secure profits! Because with this float! Not only up is fast a super easy! The drop/pullbacks can be just as, if not faster! GL and thanks for the heads up!
Newbee4OPTrytosaveabit:
Ty so much. Didn't get in since I was unsure. It was up almost 50%. But thanks, I may watch and see what it does. You are so awesome for helping
TrytosaveabitNewbee4OP:
Set your chart to different time frames and look for gaps? You will see some of the liquidity issues I was talking about! You’re very welcome darlin!
TrytosaveabitNewbee4OP:
Yes! Plus the spread! The difference between ask, bid! Low liquidity means even though the price jumps up high, there might not be a buyer/liquidity on the other side for you to sell at that high price! Hell it may be 20% less if no liquidity
Trytosaveabit : Yup! Regained compliance! Now its a micro/nano float! Less than 500K! So any buyside pressure at all is going to pump it! My only advice is to make sure if you’re in? Is definitely stick to you scaling out to secure profits! Because with this float! Not only up is fast a super easy! The drop/pullbacks can be just as, if not faster! GL and thanks for the heads up!
Trytosaveabit : Also be very mindful of the spread! This type of spread can trap a bull quick fast and in a hurry! The liquidity isn’t quite there!
Newbee4OP Trytosaveabit: Ty so much. Didn't get in since I was unsure. It was up almost 50%. But thanks, I may watch and see what it does. You are so awesome for helping
Trytosaveabit Newbee4OP: Set your chart to different time frames and look for gaps? You will see some of the liquidity issues I was talking about! You’re very welcome darlin!
Newbee4OP Trytosaveabit: I will. Ty
Newbee4OP Trytosaveabit: liquidity refers to volume?
Trytosaveabit Newbee4OP: Yes! Plus the spread! The difference between ask, bid! Low liquidity means even though the price jumps up high, there might not be a buyer/liquidity on the other side for you to sell at that high price! Hell it may be 20% less if no liquidity
Newbee4OP Trytosaveabit: OK. thanks, I thought that's what you were referring to. There is not much at all. If any on D chart..My Hero again