Empower Clinics Inc EPWCF

I am fully bullish but gap needs filling at .50c

[danno33]

law of odds tells us historically, most of not all of the time, gaps in charts need to be filled. Im 90 percent sure this needs to see 50 cents again, and retest. After that gap is filled we are clear sky after 80c. But im being realistic, not bashful, seen it a million times with huge gaps like this, it HAS to fill...gap is between .50c to 63c. Sold 2/3 at 72 cents today, and have buy order at 53 cents which should retest next week or hopfully this week so we can get it out of the way for next weeks trading. My strong educated opinion here

[khyber2]

Boy!!! DANO, You are a genius, and 90% sure at that,way to go!!!

[danno33]

no genius, but a real ist. I say 90 percent because its usually 9 out of 10 times they refill gaps, unless we have unicorn news every single day for a week to bring us multi dollar, can it happen yes, but again I go by law of odds, and odds are in favor of refill. So I kept some shares in case im wrong so I dont feel too bad if she climbs and never sees 50s again lmfao. Im bullish man trust me

[shuntter]

Understand where your coming from danno but does that mean the gap from .325-.395 could still be in play

[NuTrader17]

Danno called it fast pullback to .55, hopefully we start the slow steady march to consolidate around .60

[RiskyBiz928]

Good call Danno. Right back in the 60's though. Shake that tree, later weak hands!

[RiskyBiz928]

Hey Danno, I don't know... those two news releases were pretty huge. This may buck the trend and just hold and rise. Gaps fill when the day traders and flippers come in. Not playing that game with this baby - I, like many others are in hold mode. The potential in the long term far outweighs taking a profit here and there. You might end up chasing! GLT us all :-)

[GalAnonymous]

I agree, the only thing that I want to add is that when we moved from 0.05, we touched on .40 and consolidated at around .30. I don't expect a big pull back, just yesterday alone Steve had an interview with Proactive and WSR which probably attracted new investors. What's .60-.70 when it's a given we will double in price, if not triple in the next few months? I know I'm not risking

[inviolablspirit]

I understand what you are saying, but gaps don't always need to be filled.  When news is substantial with large volume then typically a gap doesn't get filled.  When news is minor and low volume you can be assured the gap will get filled.  i would say the two news releases were substantial.  However, in the end we are always at the mercy of the insitutions.  

[inviolablspirit]

I also suspect that they will always be those investors who think they are smarter than the market.  If I am wrong I don't lose anything in the long run if I don't sell when this stock continues going up.  However, if I try the play the ups and downs for a few pennies there is a very good chance I get left behind at some point with less shares or no shares.

[GalAnonymous]

If you think about it, 3 days ago we were traiding at .305-.325 and we were preprared to wait patiently until Q4 2020 and Q1 2021 and longer - now our accounts are double what they were on Monday, our confidence in Steve got boosted up and there is so much more coming for Empower! Some of us entered at .05 - to trade it for 5-10 cents now i'is just being greedy. 

[inviolablspirit]

The belief that all gaps need to be filled can turn into being self-fulfilling prophecy.  It certainly didn't stay down there very long and I'm sure some share holders sold out and missed the fast move up. To me it's not worth it.  We will have news tomorrow in regards to the Kai website. 

[RiskyBiz928]

Ditto Inviola. Tried playing that game on some other holds and I'm no good at it. Sold some too early, got back in chasing it, ups, downs, you name it. You miss out and you feel bad thinking of the "if only I had..." I'll look back in a couple of months and thank myself for staying put. Now, having said that, it doesn't hurt to add more if it does drop :-)

[123XYB64]

I don't get the rationale of this game sometimes. If I understand/ understood the scope of their last nr, not to mention upcoming nrs, this has the potential of being a massive bagger. Why sell for a few bucks when one can hold and really makes a significant amount? Gaps don't have to fill, if one is investing? They only fill if your flipping.

[whateveryousay]

Charts are meaningless with these start up venture stocks the stock market has become gambling luck and momentum.Look at the cannabis stocks this week 20-50% daily or weekly moves. I like CBDT's potential maybe a long hold is only 6 months but I am going to ride this out and buy more if we do have a sizeable drop.

[danno33]

no, charts in general are not meaningless, that how I make a living. Charts whether it be penny or bluechip. The charts never ever ever lie

[GalAnonymous]

Well I hope that .55 was our lowest point. From my experience the first dip after a spike like that is the deepest but I'm no expert so happy to hear your opinion on that @danno. I sure hope Inviola is right and we will hear some news about the launch of kaitest.com website tomorrow. Either way I think we will close green tomorrow, I mean who wants to start a new week without CBDT shares now