Posted On: 02/09/2014 8:57:15 PM
Post# of 2561
TWDL Daily Chart ~ Volume Alert and No Movement Yet
I took a position on Wed, Thur, and Fri from a volume alert. Someone is preloading this one and doing it very quietly as the stock has not moved out of a channeling range of .0031 to .004 during the last 3.5 days. I like this chart setup as the huge volume (someone accumulating big time) and no movement yet. The old saying is 'volume before price'. I also like the dips to .0031 intraday and closing at .04 both days. Something is cooking, so I bought 750k, so far. Looking to add a few more tomorrow should the stock stay at .004 or less. FullSto and MACDs are looking like imminent crossover confirmations of a buy, along with the RSI holding its 50 line. Maybe there's a promo pending or news, but looking like a breakout to the upside about to happen. GLTA
I took a position on Wed, Thur, and Fri from a volume alert. Someone is preloading this one and doing it very quietly as the stock has not moved out of a channeling range of .0031 to .004 during the last 3.5 days. I like this chart setup as the huge volume (someone accumulating big time) and no movement yet. The old saying is 'volume before price'. I also like the dips to .0031 intraday and closing at .04 both days. Something is cooking, so I bought 750k, so far. Looking to add a few more tomorrow should the stock stay at .004 or less. FullSto and MACDs are looking like imminent crossover confirmations of a buy, along with the RSI holding its 50 line. Maybe there's a promo pending or news, but looking like a breakout to the upside about to happen. GLTA
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