I am studying this chart again, I have taken appropriate measures here since Stewy asked if anyone had predictions for this weeks charts.
After reviewing them I cut my position in half, as I believe the chart more than Andi at this point in time. I left 2 mill in here and bleed of the rest. This was 3 days ago now.
We are trading in the .0014 to .0016 level now.
So we will have a hard time seeing.0017 again. As 16 is now resistance and 14 is ok support with final support at .0013
I don’t expect a reversal looking at the chart and things seem to be accelerating in decay, some one may paint this up but that is short term. If no people come in to run this up in a group, or no news, if we drop through 13 final support we will see .0007 as 13 is a cliff to next support almost halfway down from 13.
My plan was to salving cash, I will keep that 2 mill core to loose and will buy back my shares at .0007 and keep the rest. Playing now with basically the free shares I got on the first run up.
But still took a good loss overall.
I will be buying at .0007 we should hold that level I think. JMO