First Tidal Acquisition Corp T.AAA

RE: Mediascan

[mediascan59]

Well to address all your statements to me, first of all, I received a majority of those ignores because I was doing the TA on the INT board and when the last attempt to $1.23 failed and I suggested to sell and then proceeded to chart the stock which only kept hitting support lines, the pumpers did not want to hear what the charts were showing.
If you wish to follow my posts on that sight, I also suggested that .67 was a strong support line and by fluke or luck or the charts were that accurate, that was the number.
When I discuss a stock that I am playing, I say it how I see it.
$2.18 had to hold as I stated yesterday, and $2.20 really needed to confirm a continuation ofr the upward trend.
We had a second attempt to break through the $2.18 but that failed again, so the charts were turning already.
My "thoughts" after discussing with other traders I chat with were the thought about what I presented, and it did seem to have merit...but I agree, that I should keep my thoughts on those things to myself.
I have done my charts on aaa after the market and see that the $2.10 is still a critical number that needs to hold tomorrow.
If I look at the Raff Regression Channel and the Fib lines, they give me three numbers. They present $1.98, $1.92 and then that $1.85 someone else suggested.
What is also of concern is tha the stock broke through the lower Bollinger Bands.
The Full Sto is pretty much topped out and could really use a pull back to make the chart healthy again too.
The RSI is sitting at 67.27 and could go to 80 on a nice bull run, but that doesnt give it much room.
So whether it is nervousness about the numbers coming out, or the trader seeing things a little too toppy, there was pressure that started the stock to turn down.
My original purchase on this leg was $1.92 and even though we all would like to see it go straight up, I would like to see the charts ready for such an incline.
Imo, if the stock doesn't hold $2.10 tomorrow then expect it to test $.1.98 and possibly $1.92...I personally do not think it would even come close to $1.85, so would expect to see buyers come in at just above $2.00 and $1.95 if that failed.
Those are my thoughts and TA and my target is still for $2.70 minimum on the resource calc.

Happy Trading all,
Mediascan