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1,078 Posts.
160
25/03/19
07:55
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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.
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