Well looked at the board earlier today and made one post, right behind HSALT. Then even posted that I was not reading any post the rest of the trading day as I saw it looked to fall apart, reading the rest of the days tweets I see it did and got nasty as well.
If you look at my post from the day before I predicted this drop back to the 3s and it happened today faster than I thought. But I also predicted that this would walk back up at that point. Now I am studying the 50 day chart, my feelings are for a drop again in the morning. .0026 is my support on the 50 day chart. It has never gone lower than that since the first run. I hope it does not break that support, but if it does I will wait a bit.
If you look at that drop last 05/23/18 to .0026 we followed with a large 3 big candles for really no reason within 4 to 5 trading days bring the pps straight up to over.006.
I expect a repeat of that here. I know many here on penny land do not believe in charting and I am not trying to change anyone’s minds of charting vrs dd. But looks like the board of longs here with dd I rely on are not so sure of themselves, and I am not either.
But if you believe in charts give this a chance to hit .0026 before you dump. Just saying.
I have a plan of my own I will post here in a few.