Prana stock movement, page-27

OriginallypostedbyStanley51340

pivalde,MyTAsofaris,withtheexceptionofthe"Spike"onFriday3/15,weareonthetrackIoutlined.Aswecanseesincethenthetradingpatternhasbeguntosettledown.Myinterpretation=wearedealingwiththoseholdersatlowerpricelevelsarejoyouslytakingprofits.IMHO-thetradingactionissignalingthestockisnowmovinginto"stronghands".Idonotgetto"paint"thecharttheabsolutewayIwouldliketosee.Themarketswilldowhattheyplease........BUTifmyoriginaltradingpatternistocontinuetoworkitwouldbeidealifthenext5-10tradingdaysweremadeof"insidedays"meaningthedailybarswillshowconsolidationbyeachdayhavingtheHigh&Lowtocontinuegetsmallerconfirmingmy"consolidation"theory.IFbychancethedailybarswideninsteadIlabelthat"astockinaHURRY".Thatcanmorelikelyhappentoastockthatis"thin"=veryfewsharesinthe"float".PleaseALLthisnottobeinvestmentadvicejustaTAguyIMHOandnotinvestmentadvice.
BTW-IamstillhopingPranawillliveuptotheirpromisetosendmetheTeleconferencedetailssoIcangetthemtoallthatwanttolisteninANDmaybeevenparticipatelivebephone.IwillpostitASAPtitled"Teleconferencedetails"

Thank you Stanley. Just hope that the strong hands belong to those who have a real interest in the company.