posted
Closing above .0045 is the key here.. If it does, it will go up more...Then profit taking, finding a support level.. The crucial issue here is when the news will hit... Any news about VOIP or givingcard means 50% increase,IMO..
posted
Yep, I have been waiting for the news and will not sell any until I see one..Then I am gonna evaluate again and determine @ what level I am gonna sell..
GL
quote:Originally posted by forfun: Raven, this looks really good. With news, should hit copper before the end of January.
posted
Doji, without news it's hard to forecast..But, once news hits .0135 guaranteed, IMO...
News can be about either greencard or any relationship with VOIP..Either of them will take us above .01...
GL
quote:Originally posted by Doji say what!!: well i'm in at .0043 with 500,000 i bought on friday. looks pretty strong but how high will she go!!! any guess?
posted
i know there are alot of eyes on this position and was a top topic just awhile ago. there just waiting to see if this a real move up or not. when there buying pressure comes in to play this stock could be fun. a .01 ask could happen pretty fast plus the charts look pretty good.
i love the momentum of the markets right now very positive. come on cytp!!!!!
thanks for the advice - i don't think i will add at these prices but i surely won't sell either.
i was mad at myself for buying in at the high of .0043 on friday to watch it drop and close at .0039 arh.
posted
Doji, volume tells everything..I bought my last shares @.004 last week..It dropped to .0032, I didn't care..Look at the chart and technicals..They talk, we follow..Of course there is going to be profit taking and MM shakes..it's the nature of OTCBB..With this one either you sell, and try to bottom fish( it's volatile but hard to catch)or create the amount of shares and let it ride till technicals tell you to do so..I am confident we will test .0135..The strentgh of the PR's will determine the rest..
IMO, the show hasn't started yet..
GL
quote:Originally posted by Doji say what!!: i know there are alot of eyes on this position and was a top topic just awhile ago. there just waiting to see if this a real move up or not. when there buying pressure comes in to play this stock could be fun. a .01 ask could happen pretty fast plus the charts look pretty good.
i love the momentum of the markets right now very positive. come on cytp!!!!!
thanks for the advice - i don't think i will add at these prices but i surely won't sell either.
i was mad at myself for buying in at the high of .0043 on friday to watch it drop and close at .0039 arh.
[This message has been edited by raven76 (edited December 29, 2003).]
posted
Raven hang in there. I pesonally don't read candele charts, but do read bar charts, and from what I see it should be taking off!imo I'm still holding my free shares waiting for this breakout, lets see what it does!!! GL
IP: Logged |
posted
mryj and downtrend, you are right about resistance @ around .005..What zo mentioned is right..Somebody is willing to sell a significant amount of shares at these levels through BAMM..I didn't watch the level II today, however in my speculative opinion this person(or party)sold about 50M so far..I saw the same game been played several times..( RNKE, IBZT, GWDL, AACS) The selling is not going to last forever..Once it's done, the buying pressure or buying interest(which already exists) will move the price to much higher levels... I am not planning to hold this months or years..But,from what I learned here in penny-land, I am confident we will pass .01 and test .0135 in January..I don't know about .05-.1 or .2.. As I mentioned several times two kinds of news are expected..VOIP and givingcard..And the news will determine the highs!! Either play sell @ resistance buy @ support game, or just let it run..I chose the second option, because news can come any time, I don't wanna be on the sidelines..Eager vs fear!!
quote:Originally posted by raven76: mryj and downtrend, you are right about resistance @ around .005..What zo mentioned is right..Somebody is willing to sell a significant amount of shares at these levels through BAMM..I didn't watch the level II today, however in my speculative opinion this person(or party)sold about 50M so far..I saw the same game been played several times..( RNKE, IBZT, GWDL, AACS) The selling is not going to last forever..Once it's done, the buying pressure or buying interest(which already exists) will move the price to much higher levels... I am not planning to hold this months or years..But,from what I learned here in penny-land, I am confident we will pass .01 and test .0135 in January..I don't know about .05-.1 or .2.. As I mentioned several times two kinds of news are expected..VOIP and givingcard..And the news will determine the highs!! Either play sell @ resistance buy @ support game, or just let it run..I chose the second option, because news can come any time, I don't wanna be on the sidelines..Eager vs fear!!
GL
I have a firend who bot CYTP. We call him "elevator man" because he never would sell his CYTP above 5 cents. But when it drop below it, he always regret to do so.
But this rule can not hold long I think. Good luck to you
posted
) If he does, tell him to trade in Nasdaq for a while and watch OTCBB closely until he figures out the subpenny-game.. And please send him my regards, and deliver this message from me:
"sell half between .01-.0135, and let the news and TA determine the sell point of the other half" He doesn't need to wait too much for all of these..Everything will occur in January..
GL
quote:Originally posted by mryj2000: [QUOTE]Originally posted by raven76: [b]mryj and downtrend, you are right about resistance @ around .005..What zo mentioned is right..Somebody is willing to sell a significant amount of shares at these levels through BAMM..I didn't watch the level II today, however in my speculative opinion this person(or party)sold about 50M so far..I saw the same game been played several times..( RNKE, IBZT, GWDL, AACS) The selling is not going to last forever..Once it's done, the buying pressure or buying interest(which already exists) will move the price to much higher levels... I am not planning to hold this months or years..But,from what I learned here in penny-land, I am confident we will pass .01 and test .0135 in January..I don't know about .05-.1 or .2.. As I mentioned several times two kinds of news are expected..VOIP and givingcard..And the news will determine the highs!! Either play sell @ resistance buy @ support game, or just let it run..I chose the second option, because news can come any time, I don't wanna be on the sidelines..Eager vs fear!!
GL
I have a firend who bot CYTP. We call him "elevator man" because he never would sell his CYTP above 5 cents. But when it drop below it, he always regret to do so.
But this rule can not hold long I think. Good luck to you[/B][/QUOTE]
posted
i highly doubt that right now...Looks like this move was made on low volume in the last 30 minutes...I believe it may drop back to around .0035 again...which i will load up agian...but this time BAMM won't be an hassle with news coming out...Plus much of BAMM we took are of in this run...zo...
IP: Logged |
posted
If it doesn't drop to .0035 with huge selling pressure, why will it do so with buying pressure?Zo,people and traders are gonna speculate about the news coming, and this itself will drive the price up..
You never know, GL.
quote:Originally posted by zo: i highly doubt that right now...Looks like this move was made on low volume in the last 30 minutes...I believe it may drop back to around .0035 again...which i will load up agian...but this time BAMM won't be an hassle with news coming out...Plus much of BAMM we took are of in this run...zo...
I expect lots of resistance..For the people who want to get in, you might wait until we break .007..Stop buy strategy above .007..There isn't any resistance above..
GL
quote:Originally posted by raven76: Looking good.. Next stop should be .0065-.007. IMO..
GL
[This message has been edited by raven76 (edited January 02, 2004).]
quote:Originally posted by raven76: Yep, volume is nice very nice!! It's been one hour, and the volume is 90M..About 50M shares traded at this level should do it,IMO..
posted
Scs, yes,if you can stand volatility.. .0065-.007 is resistance level.. I believe and have been telling for weeks that we definitely will see .01-.0135.. If the news expected is good , it might go much higher levels.. I am very bullish with this one and don't plan to sell one single share at this levels..