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Post by brotherm1 on Aug 3, 2018 15:19:56 GMT -5
Talking with my broker, he's seeing big blocks of buying, too. Telling me to be patient. If I had patients I’d be a doctor. |
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Post by babaoriley on Aug 3, 2018 15:50:27 GMT -5
I went back to the monthly charts and found the trading range for the entire month of May 2017 was between 1.88 and 0.67, our lowest before the run up began and subsequent return. Starting June 26 this year, we entered into that range (1.88-0.67) and have been sitting in that channel since. I point this out because we are near completing the bottom of this and edging closer to a breakout, if history repeats itself and you believe bots control a lot of what happens (absence institutional and investor buying and selling). Trading bots are programmed with algo's that recognize these events. I'm still waiting to buy because I think this will get taken to sub $1 (within a few weeks) and then breakout. Thoughts by others who follow T/A. Well, Dolly, I've considered what you said, and come to the conclusion that I disagree.  |
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Post by kenken on Aug 3, 2018 16:11:35 GMT -5
Funny, many older unrelated investors still here, but for the inherited descendant of the great AL, need money to spend for the good lives. Who cares? Sell, sell and cash it. Amen.
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Post by hellodolly on Aug 4, 2018 8:53:40 GMT -5
I went back to the monthly charts and found the trading range for the entire month of May 2017 was between 1.88 and 0.67, our lowest before the run up began and subsequent return. Starting June 26 this year, we entered into that range (1.88-0.67) and have been sitting in that channel since. I point this out because we are near completing the bottom of this and edging closer to a breakout, if history repeats itself and you believe bots control a lot of what happens (absence institutional and investor buying and selling). Trading bots are programmed with algo's that recognize these events. I'm still waiting to buy because I think this will get taken to sub $1 (within a few weeks) and then breakout. Thoughts by others who follow T/A. Well, Dolly, I've considered what you said, and come to the conclusion that I disagree. Yet, we just moved closer to 0.67? "...the trading range for the entire month of May 2017 was between 1.88 and 0.67, our lowest before the run up began and subsequent return. Starting June 26 this year, we entered into that range (1.88-0.67) and have been sitting in that channel since. I point this out because we are near completing the bottom of this..." is happening right now. The rest of my post is inter-mingled with speculation (breakout) and fact (bots and algorithmic calculations). |
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