Newstrike Brands Ltd NWKRF

TA........

[Stockmoves1]

support 47.... eventually will get tested.. when ?? not sure.... bounce was solid to 58.. Im in again at 51.....and if it fails I add lower...... the risk here seems very reasonable......

enjoy...

[deet]

You'd be better off analyzing the T. WEED chart. The entire market follows WEED. Where WEED goes....so goes ACB, TGIF, HIP, GLH, RTI, APH....and all the others. If WEED ends green today, you can bet your bottom dollar that HIP will also be up. It's a no brainer at this point in time.  

[Stockmoves1]

Deet, why do i need to abnalyze a chart first off.. i dont use charts i pick numbers out of thin air and they work.. called 57 yesterday and the called a 46 bottom ages ago..... so i got the bottom to a half penny and the tap of 58 was to sell off 57 so not bad, got a part buy on the money at 51.. so what can i say.. not looking for bragging rights just an observation.. here only for the trades as

[Stockmoves1]

just playing is all..... and continue to wish longs the best.... but please do not fail 45..............

[silkroad007]

What is so drastic about .45?  Are you inferring the bottom falls out even more and this drops to less than the cash on hand and the hard assets.  Hmm, last I checked a dollar is still a dollar regardless of what TA charts say. you have to add some common sense to your TA here.

[Stockmoves1]

51 first level of support..................... 47 second.............. double bottom gets out of the way and this likely goes back into the 60's...... it can fail 45 but not by much.. often shorts push 44 to freak you out.. mind games is what it is... but listen it went 39 before and the cash didnt change so dont give me your story.. Im quoting the strength of the stock ... thats it thats all.

[Stockmoves1]

you say why waste my time???? 20yrs later all i do is trade penny stocks perhaps its why i stay the course... why change what works?? it all comes down to profitability.. I get my kiks out of playing the pennies... dont change what works i always say...... i will be out of your hair soon.. off for hollidays sooner than later starting next week.... so I just point out the obvious is all.. I would

[Stockmoves1]

aftre a solid rebound of 57 you have to know a lot of shorts covered and you also have to know someone is sitting on a ton of shres that are red and they are going to protect their backside and give it another go...................

[flyboy27]

I believe in the TA for sure, But fundamentals will bring home the bacon... Lets go HIP!

[Stockmoves1]

I hope youre right but I have followed fundamentals so many times and got buried....... so I stick to what makes me money.. it seems to work... helps my keeping grounded and profitable.. ignores the noise...

[silkroad007]

If you're so good why are you wasting time posting here?  If I was 10/10 everytime I would goto a high market cap liquid stock such as WEED and /or a completely different sector with less risk of random news where TA actually is relevant.  Make millions and retire in short order. If you are as good as you think, then you shouldn't be in this forum - what gives Stockmoves.?