RE:Don't want to encourage jim's pumping , but Yes, you're right. This has massive overhead resistance. To add to the problems it looks like Zimtu or some other large position holder have been unloading.
At this low level why would insider stake holders sell? Somethings just can't be BS'd away and it appears that even special top secret inbox DD reports from our resident pumper are falling on deaf ears this time.
Charts or no charts this company needs a massive infusion of market moving good news because as I see it now, there is nothing in the current pipeline that will provide the midas touch to turn it around.
Very disappointed.
BuIlTraps wrote:
Once fully corrected , you may get another chance around .10 .
So that's the potential target once this mini H&S completes if the clown stops pumping it . In laymen terms a potential double . Then get the heck out of dodge in my humble opinion .
If the clown doesn't stop pumping it , you'll likely penetrate the .045 low and mark a new one .
For now you need to break above .065 which is the resistance point of your prior move from .045 to 0.08 . If you can get through that one , you'll likely meet another point of resistance at .075 .
This thing is going to play with your nerves galore .