Technical Analysis Comments by Dr. PennyStock
Post# of 41414
Posted On: 09/22/2015 3:15:45 PM
Technical Analysis Comments by Dr. PennyStock
Though I do have a basic, working grasp of Technical Analysis, much better to rely on the experts. I hate to refer to a different forum, but I have seen no T/A comments here, so thought I would share several of his current posts:
BLTA
Dr. PennyStocks
I am absolutely loving the volume today. The ones that know me, know that volume is my main indicator, accounting for 90% of my T/A, so this kind of volume is the first and strongest signal that a run is very close.
BTW, today's volume is the highest daily volume EVER, it means a lot.
http://schrts.co/ZTUrvO
I know
We will have days of 100M - 150M shares easily.
The reactors are warming up LOL
I am excited, after so much time waiting, the run is imminent.
Looks like the close will be strong, and, the run can be as soon as tomorrow, I mean the beginning of the run, because the run here will take months.
The main resistance on the initial run, is at .025. I don't see any other strong resistance below this price level.
However, it can even break .025, and, run further, to .04 or .05, then pull back to .025 to test it as support. After some consolidation at .025, the run to .10 - .25 will begin. This is what I see on my "crystal ball" LOL
Though I do have a basic, working grasp of Technical Analysis, much better to rely on the experts. I hate to refer to a different forum, but I have seen no T/A comments here, so thought I would share several of his current posts:
BLTA
Dr. PennyStocks
I am absolutely loving the volume today. The ones that know me, know that volume is my main indicator, accounting for 90% of my T/A, so this kind of volume is the first and strongest signal that a run is very close.
BTW, today's volume is the highest daily volume EVER, it means a lot.
http://schrts.co/ZTUrvO
I know
We will have days of 100M - 150M shares easily. The reactors are warming up LOL
I am excited, after so much time waiting, the run is imminent.
Looks like the close will be strong, and, the run can be as soon as tomorrow, I mean the beginning of the run, because the run here will take months.
The main resistance on the initial run, is at .025. I don't see any other strong resistance below this price level.
However, it can even break .025, and, run further, to .04 or .05, then pull back to .025 to test it as support. After some consolidation at .025, the run to .10 - .25 will begin. This is what I see on my "crystal ball" LOL
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