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Bullboard - Stock Discussion Forum Taat Lifestyle & Wellness Ltd. C.TAAT

Alternate Symbol(s):  TOBAF

Taat is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in "Original", "Smooth", and "Menthol" varieties. Taat's base material is Beyond Tobacco™, a proprietary blend which undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with "Big Tobacco" pedigree, Taat is launching in the United States... see more

CSE:TAAT - Post Discussion

Taat Lifestyle & Wellness Ltd. > This pullback should not have been a surprise to anybody
View:
Post by TheBigCheeze on Oct 06, 2020 10:25am

This pullback should not have been a surprise to anybody

I posted last night: “The chart is starting to look beyond overbought but that hasn't slowed the buying previously so maybe it will continue at the same pace.  I'm guessing a pullback is in the cards soon.  Heck, there was a 13.4% intraday pullback today between 10:56 and 11:43 so it could happen anytime.  Time will tell.”

 

The odds that a pullback would happen soon were very high.  You would have known that if you knew how to read the chart and you understood investor psychology.  TAAT rallied hard for several days with little material news that would justify that much of an increase in the Market Cap so a pause in the price run should not have been unexpected by experienced investors..

Now the question is “How deep will the pullback go?” $3.55 looks like a support level so maybe we have seen the low for now.

Comment by newcoin on Oct 06, 2020 10:28am
You did a great job picking the support level. I wish I had fancy programs so I could do it too.
Comment by TheBigCheeze on Oct 06, 2020 11:13am
No need for you to be sarcastic.  I just post what I see in the chart plus a few other things.  If you don't like to see it then ignore my posts.  If you didn't act on it then that is your problem not mine.  I sold some shares last night near the close at $3.85 based upon my analysis and I rebought this morning at a much lower price.  You don't need a fancy ...more  
Comment by newcoin on Oct 06, 2020 11:35am
I didn't mean to be sarcastic. I was being sincere. I don't read charts and you did a good job. That's it.
Comment by TheBigCheeze on Oct 06, 2020 11:54am
Sorry.  That was my mistake.
Comment by Surfer12 on Oct 06, 2020 12:00pm
Listen you two... get along. Okay? Now we need to know where this thing is headed? Is Germany going to dump tonight and what is with these German articles about Taat being a scam? 
Comment by ChazyChaz on Oct 06, 2020 12:42pm
Sorry but where did you know that TAAT isn't a Scam? Do you have some informations and facts for me? That would be great. I'm from Germany and Noone wants to drop this Share. We think that it was a Gap filling today. Have a Nice Day :)
Comment by amillionorbust on Oct 06, 2020 12:48pm
Ya, 3 guys leave PM to go do a scam and risk being indicted on fraud. Right. Give your balls a tug bud.  
Comment by ChazyChaz on Oct 06, 2020 1:44pm
:D
Comment by Jonathanm91 on Oct 06, 2020 2:04pm
I don’t think taat is a scam, but the share price got way out of control for no reason. They haven’t sold any of these yet. People hear one guy say it’s going to 5 billion and they all froth at the mouth Friendly reminder, insiders have not been cashing in options or buying on the open market at all during this whole run up. This has gotta tell you they don’t expect immediate results like all the ...more  
Comment by ChazyChaz on Oct 06, 2020 2:26pm
How do you like your TAAT cigarette? :D
Comment by Ninjabujinkan77 on Oct 06, 2020 2:27pm
I'm still way!!! Up!!! Lololl
Comment by digger36 on Oct 06, 2020 1:15pm
Please do us a favor and go back to Germany to your naysayer buddies at wallstreetonline.  DANKESCHON and tschuss
Comment by ChazyChaz on Oct 06, 2020 1:45pm
Nice people with a beautiful Mind set. No facts and only bad words.
Comment by TheBigCheeze on Oct 11, 2020 1:45pm
On October 5, I predicted.....guessed....a pullback was in the cards soon and I was right.  Now I'm guessing again that a reversal is in the cards again soon according to my reading of the chart.  That was before this latest NR which should increase the odds of a bounce.  I bought more shares near the close Friday so I'm beyond my "all in" purchase level target ...more  
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