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Innovation Pharmaceuticals IPIX
(Total Views: 201)
Posted On: 02/02/2018 10:06:31 AM
Post# of 72447
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Posted By: Drano
I'm glad 4kids is back with analysis. In my opinion the extremely high volumes, accompanied by massive bashing and uproar on various sites, indicated panicked short covering or long position-building (or both, in succession). Then, boom, bashing dries up, and volume goes down to extremely low levels.

In this case I view yesterday's low volume as an indicator that an entity has changed direction, to a bullish stance.

Obviously, I could be wrong.

However we have seen exactly this pattern in the past.

You may recall that back before the mass banning of the Dirty Dozen +1 (and then more) that created the exodus to this board, I was making predictions as to the next day's trading direction with my "secret indicator." That indicator worked stunningly well until one day when "they" figured it out and threw a curve. What was my secret indicator? It was the number and nastiness of the bashing posts, and which identities were participating. One Sunday night the bashing went away entirely, I thought that meant an up day the next day -- but then in the early morning the bashers piled in with a vengeance, and it was a down day.

Took 'em long enough to figure it out though













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