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  4. Giggles And Hugs Inc (GIGL) Message Board

First, i apologize if my post sounded rude. there

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Post# of 3935
(Total Views: 477)
Posted On: 10/31/2017 12:45:01 AM
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Posted By: joey68
Re: Honeycomb777 #3707
First, i apologize if my post sounded rude. there was no intention of that. Tone gets lost in typed words and i appreciate your original post. very informative.

I always say 'price decides the chart', not 'chart decides the price', and so i can only go off of what i see:

1. The heikin ashi chart is screaming 'buy'. for those who know of this chart, they would have bought as much as possible October 20th.
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...6264394698

2. the three line break chart is amazing. if i were interested in GIGL, i would have bought several millions based off this chart alone
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...3494737935

3. The Chart with EMA lines 13 & 48.5 is also impressive. notice the 13 line is just about to cross 48.5:
http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0270394106

For those who dont know EMA lines, youre probably familiar with the 50/200MA lines. They are useless, outdated, and wrong. if you want profit, youll learn to use EMA lines 13 & 48.5

Notice the standard 50/200 chart is no wheres near crossing:

http://stockcharts.com/h-sc/ui?s=GIGL&p=D...0640817588

Combined, and by looking at this chart:

http://stockcharts.com/h-sc/ui?s=GIGL&p=D...5782240343

..if i were actually investing/planning on investing, id give GIGL a 97% Buy rating for 10/31/17 (minus 3% because it is highly likely a pullback will occur within 7 days)


As to how high it runs, no one can say. Again, if i were actually investing/planning on investing, i would focus more on my Sell price than how high it will go. Based on 'Joey68's Scale of Confidence'...

See here:
http://imgur.com/bGzG3CW

...i would currently place myself on the '2: Medium confidence' level.

Once the price hit .10 to .15, I would be on the '10: High confidence' level in which i would sell and never look back.

Its fine to go from low to high confidence, but going from high to low indicates doubt, and doubt leads to lost profit potential. you always want to be on the left side of the scale and i always try to sell before doubt sets in.


I rarely go long. I want profit 'now', and do not have thoughts in my head such as, "I cant sell! It may go higher!" I quieted those voices long ago. Each GIGL investor needs to invest based on their own strategies and what works for them. For all we know GIGL could jump to $4 tomorrow.

Again, it doesn't matter if GIGL runs to $1 and the whole board is jumping for joy in excitement. Profit is ONLY made once an investor sells. the concept of 'you only lose when you sell' is a lie. ive sold at a loss countless times, reinvested the remaining balance into a lower price stock, and turned that into tens of thousands of dollars.

Good luck

Not investment advice


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