GREY:CRXPF - Post by User
Post by
GreenPepperson Mar 30, 2019 2:13am
1399 Views
Post# 29557702
We are lucky
We are lucky to be loading at these levels.
CROP has traded in a tightening wedge since November. I have seen this before. I held Namaste Technologies while it went sideways between .21-.35 for 8 months. Market makers accumulated during this time and thankfully so did I.
When it poped out of its channel it ran for a month straight. From .35-4.40.. I am not saying this will go to 4.40, I am pointing out that significant runs can occur in situations like these.
I can see the same tells here. As soon as the SP begins to move on news or sector sentiment, large walls show up on the ask.
News can’t seem to push this stock into the .40s and hold it there. It was the same with Namaste.
CROP is being held down and accumulated. There is no other reason. The chart has been primed time and time again. Day traders lose patience. Penny flippers make their money, eventually this will end.
If your are able to hold on for as long as it takes, you will be rewarded heavily.