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MyDx Inc MYDX

MyDx Inc is a science and technology company and creator of MyDx (My Diagnostic). It is the first multi-use handheld chemical analyzer that will test for pesticides in the food, chemicals, and toxins in the air and the safety and potency of the cannabis samples. The business activities of the group are functioned through Consumer Products, Data Analytics, Biopharmaceutical, and Software as a Service segment. The company distributes its products through various channels, including e-commerce through the company's Website, direct to retail, amazon.com, and sales through affiliate partners. Geographically, the business activities are carried out through the region of United States.


EXPM:MYDX - Post by User

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Post by Djwburron Oct 17, 2016 4:28pm
241 Views
Post# 25352932

Today's stock movement

Today's stock movementTouched the Fibonacci Retracement 50% line on the intraday, trading sideways (ish) over 2 days, and today there was a bullish engulfing dip/recovery, this exact formation lead us from .028 to .048 ... So applying the same percentage that looks like a high tomorrow around .084!!! Look back at 10/11 and 10/12 and you will see the same movements. This might be a gap and go tomorrow morning assuming the note holders won't be dumping too much more. Looking at the daily volume it would appear as if they have slowed down the rates they are dumping shares back into the open market, or have sold off their positions since they are generally don't like too carry that much risk. For the new comers reading this there were notes converted recently and the PPS has been kept down because of their selling pressure. This isn't because they don't like the stock, they just are exiting their positions as they fund start ups not companies that are reaching profitability.
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