A SUMMARY OF TODAYS TRADING Dr PennyStock Me
Post# of 2198
Dr PennyStock Member Level Wednesday, 02/22/17 04:26:33 PM
Re: winner06 post# 18795
Post #
19230
of 19233 Go
Sorry the late reply, but, I was not here today. Now it is too late to predict today's behavior, but, looking to the candle, we have a higher low and a higher high, so it is still ok.
About guarantees, after .05, no more guarantees, but, I think it will run to .1 or higher very soon.
Cheers
Sunnyland Member Level Wednesday, 02/22/17 04:36:06 PM
Re: None
Post #
19233
of 19233 Go
Yes, we had a higher high and a higher low, but lets be honest with each other here, today wasn't a good day IMO for this stock, it showed loss of sentiment from my perspective. The inability to once again hold the .05 support even with the uplisting is a bearish indicator regardless of the higher high/low. The only positive that I believe is truly relevant is the ability to hold the SMA 8 which has been a perfect gauge here. Still not able to hold .05 and still not able to break out of "cloud". No real hype until April? Idk guys, Idk if I see it anymore. Still holding but lets be honest here, sentiment was lost today.
-SUNNY$$
AlanWeedspan Member Level Wednesday, 02/22/17 04:46:12 PM
Re: Sunnyland post# 19233
Post #
19234
of 19234 Go
IMHO considering no technical indicators were broken, it sounds like an early call IMO. I've seen a number of days like this already for BMXC. I think all it really means is the QB uplist was somewhat baked into the price. And on the news of it some people sold off. Accumulation is still very high. On all timeframes, the stock did not break critical technical indicators. Still bouncing nicely along the 200SMA in the 10d and the 1mo and the 3mo. I think today was not the day we all hoped for, but I don't yet see a change in sentiment. I think .05 is a tough psychological barrier always to break through. And while I agree it was not the day we hoped for, we did set a higher high and a higher low. That to me is extremely bullish and says uptrend intact. With continued consolidation in the high .04s with news of increasing sales and Amazon to come and of course no debt, toxic or otherwise, should see this continue to trend higher.