LT= Longterm
I will be trying to sell 2million at 1.2cents to make a tidy profit, but will buy another 2 million on the first retrace after .009 is taken out (this will be the new support level) this next 2 million will be my long term hold.
I waited this morning for the .007 to be touched which confirms an uptrend beginning, and purchased at .008.
this latest 1.7Million AKK talks of was at .007 so people where happy to pay 75% more than the 20 d vwap at the time, (.007 was support this morning) now .008 is confirmed support after a few attempts to have people sell out.
In the auction someone/s wanted in at .008 but didnt want to sit in the queue so put bids to counteract the low bids, and it paid off!
this now means we just have to wait for .009 to be broken and we are off to our first resistance 1.2.
have a great weekend all
AKK Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held