Posted On: 03/30/2016 1:05:43 PM
Post# of 22940
Re: tradingjeff #5727
$TPAC Thanks, Jeff. You are definitely right about the upper band dropping into us as well. With the lower one rising, it's going to be easier and easier to break the middle band, despite what today's action is showing(at least at the moment). The bands are most certainly pinching. The confirmation of purchase order delivery and/or other updates from China will likely get things moving again. And as you mentioned, technically, when pinching, the explosion could go either way as the bands open. Provided Bill delivers on his word(which he has been very consistent with), the explosion should go in our favor.
I would guess a good portion of the walls we see are there to create a glass ceiling. Once there is a bit of ask buying at .0032, it will only take a bit of solid buying to take it out, or for the trader(s) to pull it off of .0033. Guess we'll see.
I would guess a good portion of the walls we see are there to create a glass ceiling. Once there is a bit of ask buying at .0032, it will only take a bit of solid buying to take it out, or for the trader(s) to pull it off of .0033. Guess we'll see.
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Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
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