Next support .05 With all the shares pre-license
Post# of 56324
Posted On: 05/19/2014 12:29:32 PM
Next support .05
With all the shares pre-license that are being sold into the market look for a bounce off SMA200
I have said basically the same thing(TA) at least 5 times in previous post. That is not a number I just guess at, it's a number based on indicators, studies and trend lines. Add in the number of shares able to be sold, pre-license, MM activity, the advantage of driving PPS down (for some interested parties) and you have a very strong probability that a good buy in point will be 10 - 15% over the SMA200
The point of posting TA on here is to share data with this board that indicates likely entry and exit points. The idea is that by using TA to spot entry and exit points, GTC Limit orders can be timed/placed with a reasonable amount of confidence to better a position by selling a portion of your holdings at the top of a trend then use those profits to buy again at the bottom of a trend.
TA generally removes emotions associated with hype frequently seen or associated with PPS movement, he said, she said, maybe this or that, etc.
I probably will just go silent because there is not much point in arguing. I just get tired of bashing from people that can not see the forest for the trees when it's right there in front of you.
Good luck everyone. I am done here.
With all the shares pre-license that are being sold into the market look for a bounce off SMA200
I have said basically the same thing(TA) at least 5 times in previous post. That is not a number I just guess at, it's a number based on indicators, studies and trend lines. Add in the number of shares able to be sold, pre-license, MM activity, the advantage of driving PPS down (for some interested parties) and you have a very strong probability that a good buy in point will be 10 - 15% over the SMA200
The point of posting TA on here is to share data with this board that indicates likely entry and exit points. The idea is that by using TA to spot entry and exit points, GTC Limit orders can be timed/placed with a reasonable amount of confidence to better a position by selling a portion of your holdings at the top of a trend then use those profits to buy again at the bottom of a trend.
TA generally removes emotions associated with hype frequently seen or associated with PPS movement, he said, she said, maybe this or that, etc.
I probably will just go silent because there is not much point in arguing. I just get tired of bashing from people that can not see the forest for the trees when it's right there in front of you.
Good luck everyone. I am done here.
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