RIPPER commented on a stock · Dec 7, 2023 02:59

We got a multi dayRUNNER! It’s been a while since I bought a Chinese shitco ticker, but with this classic “SPAC like pattern” it could LEAP UP 2x its original all time high. POWER PATTERN AT PLAY

$MicroAlgo(MLGO.US)$ Ive been quietly holding this one since AM market yesterday….once i took a look at chart i knew its potential. At same time it has EXCEEDED expectations and more as i did not expect the speed train to start so quickly. This one could be a nice handout to many, as these speed trains can occasionally be impossible to stop. The most important thing with this trade is do not get too greedy….whenever it is “done,” highly likely it will fall off a cliff. DO NOT jump into this trade, unless you are able to trade out of it same day.

I have avoided creating topics for volatile plays like this as i dont want to lead anyone down the wrong path…. but this oneis a bit different, its spaced out and still feels esrly enough to jump in or add. Where it currently sits oj chart, there is still huge upside potential, Keep on mind I AM Not recommending this to anyone as legitimately anything could happen, DRAMATIC swings in both directions….VERY volatile to say the least. If my account here is familiar to you, you probably noticed I have not created such topics on speculative shitco plays as they are unreliable… yes, I’m writing all this because I cannot sleep, but also with hope could put some $ in ones pocket, I don’t normally say anything like… Any of this, unless I am certain….certainly appears my half awake subconscious is certain🤣

I DO recommend you add MLGO to watchlist to see how it plays out, its been a long without seeing any Chinese tickers making those enormous 2-3 day climbs. A couple from the last year or two that come to mind were HUDI and MEGL. The “once in a blue moon” play……

How do I sell this extremly risky and volatile trade to myself? After witnessing plenty of others just like it in the past, its become clear; this chart setup has been in the works since its inception… LEGITIMATELY. I know that seems crazy to say… It is crazy… However, there is no doubt in my mind that is the case for a play like this. This breakout has been in the works for the last year, possibly year and a half.

I expect the majority of its gains today (if any) to occur intraday. After 9:30AM open the next set of daily scalemoving averages will start crossing over and so on…. if anyone is looking at this ticker, I cannot express this enough… Do not FOMO jump in, wait for entry. Currently at close is at +65% or so in AH, one would expect a significant dip in premarket. Patience … Entering at correct time can make a world of difference. My recommendation would be to set a limit buy order for whatever price you are hoping for… If you don’t get it, simply don’t jump in the trade.

If your wondering why i have such excitement when discussing this one, simply LOOK at the daily…..better yet, look at the weekly AND monthly scale charts! This may be a one way street up until it eventually torpedos off a cliff. Wether you are in this play or not, it should be entertaining either way. Strong gut feeling this is going to work exactly like I think however, you’ve never know.