RE:RE:Close to Highs or Close to Near Lows --> Coin TossWell yesterday and today the price is also a dream for the holders that bought before the news on 22 June. That release was a heads up for the six and seven cent holders.
what to do? Should I add here to a 600% move over one day that has only pulled back slightly on One third of the volume of yesterday? I have a nice position that are paid for twice over so decided to add to AAO this morning that held nicely after it's big pop and now Breaking out over the initial move.
Should IMP go to a dollar tomorrow (and I think it will eventually) I will be laughing but shoud it fall back and try to fill any gaps, I still would be up pretty good coin.
As I said before, if this news did not propel this into a new high this morning, this one could be in for a little pause and reflection on the move. I say all of this because I do have charts of previous 4 to 600% moves and what happened within the next week. One can always add on big drops or a continuation of the up move.
So either way I can't lose on this one. Just might not be able to make as much coin as I could have. A little caution to those that predict moves without reading the chart. That can come back to bite you. Just ask yourself the question, why is this lower than yesterday's close 30 minutes before the market closes. Will there be a gap up tomorrow or a gap down in the morning? Is there still some paper to flush out at these levels? Is all of the conversion of Cheap options over yet? If you had 100 or 200,000 options between five cents and $.10 would you convert them now andnot sell some into this volume? Hmmmmm, something to think about.
There's a few things that will not change today.
higher open yesterday's close
lower volume than yesterday's volume.
lower high than yesterday's high.
higher low than yesterday low.
Only one thing Still to be decided today.
Lower or higher close than yesterday's close.