Chart is playing out as it was envisioned by this
Post# of 96879
Posted On: 05/29/2015 4:41:03 PM
Chart is playing out as it was envisioned by this chartist and
others long ago. We said after the Sept 2014 high
the stock would suffer a long down trend because of the
delays and dilution. Then weeks in advance we said the
stock would make its MAJOR FINAL BOTTOM in APRIL
with ALL THE NEGATIVE NEWS PRICED IN...
We did that in classic chart fashion forming a
TRIPL BOTTOM in APRIL.
Here in MAY we said the stock would form its next
MAJOR HIGHER LOW which it has now done on the
WEEKLY chart... The only aberration was the very
temporary drop to .012 this past Wednesday which
you saw how quickly it recovered because of extreme
undervalued oversold conditions.
JUNE we will see the FINAL BASING PROCESS that will
lead to a MASSIVE BREAKOUT ABOVE THE MAY
HIGH in JULY or AUGUST at the latest.
That BREAKOUT will then set the stage for a HUGE RUN
into year end where I'm targeting the .07-.10 area.
Eyes on the prize $$$ .20+ $$$ in 2016
others long ago. We said after the Sept 2014 high
the stock would suffer a long down trend because of the
delays and dilution. Then weeks in advance we said the
stock would make its MAJOR FINAL BOTTOM in APRIL
with ALL THE NEGATIVE NEWS PRICED IN...
We did that in classic chart fashion forming a
TRIPL BOTTOM in APRIL.
Here in MAY we said the stock would form its next
MAJOR HIGHER LOW which it has now done on the
WEEKLY chart... The only aberration was the very
temporary drop to .012 this past Wednesday which
you saw how quickly it recovered because of extreme
undervalued oversold conditions.
JUNE we will see the FINAL BASING PROCESS that will
lead to a MASSIVE BREAKOUT ABOVE THE MAY
HIGH in JULY or AUGUST at the latest.
That BREAKOUT will then set the stage for a HUGE RUN
into year end where I'm targeting the .07-.10 area.
Eyes on the prize $$$ .20+ $$$ in 2016
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