$TTCM should be exciting tomorrow for the followin
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Posted On: 08/26/2020 7:56:11 PM
$TTCM should be exciting tomorrow for the following reasons:
- Clearly there was a short squeeze in Power Hour with multiple hold back attempts by MMs with 1M > 2M in the .0140 > .0173 range failing with ask hits of up to $17K a second taking them out.
- Closed up 108% at .0173 from a gap up to .0086 at the open on 252M traded.
- This kind of action often attracts the attention of shorters.
- In addition, if MMs are short they may make a determined attempt to walk it down - either at the open or after a further leg up - just like we have seen for months on $VYST which often has swings of .01 > .02 in a day.
Personally, I have never had more than about 500K shares of $TTCM at any given time as I don't have time to watch it when I have much bigger positions on better long-term prospects and repeat earners (in my opinion) to manage. Nevertheless, it is still my #8 Top Profit earning stock - multiple $4-figures - and I like to have a few 100K batches to stretch to earn $250 > $500 each on every surge cycle. With a whopping 252M traded today, there is plenty of opportunity to trade a few to several 100K lots without affecting the price for those that are long.
That said, there is a strong core following from those who are committed to $TTCM as one of their main plays of the year and there is a continually updated "storyline" of progress.
In my opinion, there is a 50:50 chance it could either gap up over .02 at the open - or get taken there with large buying straight out of the gate - before any manipulation down games start.
$TTCM is worth watching at all times if you have the capacity in addition to everything else going on.
Tomorrow it will be in competition with $IJJP for the attention of OTC top traders as that stock has an event being counted down to on its website (1100 hours EST) which is assumed to be a crypto launch.
- Clearly there was a short squeeze in Power Hour with multiple hold back attempts by MMs with 1M > 2M in the .0140 > .0173 range failing with ask hits of up to $17K a second taking them out.
- Closed up 108% at .0173 from a gap up to .0086 at the open on 252M traded.
- This kind of action often attracts the attention of shorters.
- In addition, if MMs are short they may make a determined attempt to walk it down - either at the open or after a further leg up - just like we have seen for months on $VYST which often has swings of .01 > .02 in a day.
Personally, I have never had more than about 500K shares of $TTCM at any given time as I don't have time to watch it when I have much bigger positions on better long-term prospects and repeat earners (in my opinion) to manage. Nevertheless, it is still my #8 Top Profit earning stock - multiple $4-figures - and I like to have a few 100K batches to stretch to earn $250 > $500 each on every surge cycle. With a whopping 252M traded today, there is plenty of opportunity to trade a few to several 100K lots without affecting the price for those that are long.
That said, there is a strong core following from those who are committed to $TTCM as one of their main plays of the year and there is a continually updated "storyline" of progress.
In my opinion, there is a 50:50 chance it could either gap up over .02 at the open - or get taken there with large buying straight out of the gate - before any manipulation down games start.
$TTCM is worth watching at all times if you have the capacity in addition to everything else going on.
Tomorrow it will be in competition with $IJJP for the attention of OTC top traders as that stock has an event being counted down to on its website (1100 hours EST) which is assumed to be a crypto launch.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.