It is still on uptrend
Just continue to hold, we will win the battle soon. This meme hype + ER will give us high probability to crush those negative losers. Again, look at numbers, it’s fact. Numbers don’t lie.
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JC88OP : Dont give empty comment shorters, use number to talk. Otherwise just sthu and watch.
NotACrystalBall JC88OP: Only issue is that this time theres a trend difference. Previous days the price held above the 50 period moving average and the price bounced upwards along it. Now its the other way around, its acting like a ceiling. If you check the 1min ans 5 min charts, with MA indicator turned on you'll see that each time the price tries to rise, it rejects from the 50MA.
So at the moment I personally wouldn't enter a long position until that is invalidated. The trend is your friend, and right now its giving me the cold shoulder.
GNet101 : I believe the company share value should be more than One Dollar, not below 99 cents.
Company profit and growth can boost its share value above Six Dollars
JC88OP NotACrystalBall: We were under huge short attack
NotACrystalBall JC88OP: Under a short attack or in a shorting war, it still follows the technicals, its all math. It can be calculated to see opportunities to invest or exit.
This has always been a proven strategy, one devoid of emotional bias.
JC88OP NotACrystalBall: I guess everyone now just looking forward to next week then.
NotACrystalBall JC88OP: I think its likely to have a 'dead cat bounce'
Not likely to exceed previous high, and it will crash right away. As for why I think this, just look at the volume on the hourly. A healthy stock's price increases alongside its volume, if a divergence forms where the price goes up but volume falls, then the stock is about to drop. This is due to the number of buyers and sellers, to increase price we need more buyers than sellers. If the price goes up but volume is going down, that tells me less people are buying and its a good time to sell.
JC88OP NotACrystalBall: Thanks for sharing. I got it at very low so any bounce would help
NotACrystalBall JC88OP: I'm aiming for a price target of just 0.20.
Reason: previous volume accumulated there so if it were to bounce, it'll go to around 0.21-0.23.
I'm going to immediately exit at 0.20 because the fundamentals warrant a hasty exit and any more is unnessary risk. I'd rather move onto the next stock with good volume.
JC88OP NotACrystalBall: Lol everyone would be screaming for 0.5 and 1 dollar when we reach 0.2
just watch
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