(Total Views: 248)
Posted On: 06/18/2020 2:13:22 PM
Post# of 2306

Shorted about an hour ago set at .4500 - most picked up by visible bids above the 56K left from the $46K buy order - failed. A few were duped to panic and put in sell orders in the .4600 > .5000 range but the large bidder did not cancel and picked up another 22K so far - 32K left.
We may still see a .5000+ break before the close - perhaps even .5500 / .6000 - or those waypoints on a gap up at open tomorrow.
A big player / institution either knows something or has an agenda to get the price up near $1.
Just don't be without shares and play it cool.
Still almost 5 weeks to the 2020 USN MAC "Inactive" Date - there will be a lot of trading opportunities in that time frame - just like in 2019 - as others who spot the dramatic moves without understanding the background come and go.
We may still see a .5000+ break before the close - perhaps even .5500 / .6000 - or those waypoints on a gap up at open tomorrow.
A big player / institution either knows something or has an agenda to get the price up near $1.
Just don't be without shares and play it cool.
Still almost 5 weeks to the 2020 USN MAC "Inactive" Date - there will be a lot of trading opportunities in that time frame - just like in 2019 - as others who spot the dramatic moves without understanding the background come and go.


"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.