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I don't know how to do any of that fancy computer stuff RCA. Right now when I look at charts I am having a hard time deciphering anything. I am getting a handle on level 2 but have been relying on 2 other websites to summarize what I assume the charts are spelling out. Until I learn charts better I am not understanding much of your last post and am not too proud to admit it.
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Yes. As long as we stay in Regression area meaning trend zone. You'll see once we hit 0.035 and above then volume move up and cause a chain reaction. Eventually somebody's gonna take the lead to get in.
And what kind of idiot would sell. Either, doesn't what he's doing..needs money..thinks there is another opportunity out there so wants to do a quick flip..(Hope there not buying CNES yet..that would be deadly)
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Level 2 bid looks strong. but ask is clogging up with 7 on ask between .035 and .039. USBSS is on ask at .0379 I think we bounce around in .03 through .035 today.
quote:Originally posted by jordanreed: thats tomorrow ya know...and that kinda prediction is why you are losing cred..no way will this hit .13 in the short-term...imo
It's not complicated. All you gotta see in the chart is. Are we getting into those 3 blue trend lines. I drew expected 4 day formations. They are not precise or will not be. But they will give you an idea.
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your charts are clogging your rational brain... IF your charts say .13? then you need to study a bit more...all the charts i have read do not show .13 not for a loonnnggg time...but YOU may want to hold that long..so..good luck,but please..advise these people correctly and sanely. You are starting to sound a bit demented in your assesment of charts.
Please don't take my advice. It's just my pure opinion. Do whatever you like to do. I would like hear your opinion, if you don't mind. Why don't you send me your chart (if you have any), so I will have my chance to discredit you. Maybe you're afraid to be discredited. I don't know.
Looks like I'm the only brave one here to express TECHNICAL opinion.
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I believe you RCA when you say reading charts isn't complicated but they told me the same thing about programming the time on my VCR and I never did figure that out!!!
quote:Originally posted by Johnwayne: I believe you RCA when you say reading charts isn't complicated but they told me the same thing about programming the time on my VCR and I never did figure that out!!!
;) well, it's more complicated than VCR for sure.
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It appears that we are moving with the lower trend line today. If this stays consistant, then our target price for Thursday should be around .06
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quote:Originally posted by JOELGA: BTW, RC about CNES I agree with your prediction of .0009 I exited yesterday at .0014 and will re-enter at these levels.
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I will look to jump in CNES at those levels too. .0008 and I am in with a big chunk. I like CNES and the people who post there. Good bunch of longs there.
quote:Originally posted by Johnwayne: I will look to jump in CNES at those levels too. .0008 and I am in with a big chunk. I like CNES and the people who post there. Good bunch of longs there.
Just wait another week. This week MGEN's week. John, are you still thinking about what price that should get in.
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Ditto RC, I find it humorous how people love to bash you. You are just telling it how it is from a technical standpoint. Everyone needs to take as much information at hand and decide for themselves.
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IMO...MGEN will continue at these levels, or possibly move lower, to the mid .01 to .025 range depending on news. If no news, then will most likely move to those levels(major support). With a positive pr ,then they might move to resistance,which would be the .057 range(major resistance). To move beyond those levels,or stay there, it will need more positive news almost immediately. To move to the .13 level it will need more major contracts throughout the U.S....which could happen.I like the co.s product and think they will go higher in the future. ..But only .13 if some super great ,unbelievable, pr comes out right....NOW
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news out: pre 14A: A proposal to amend our Restated Certificate of Incorporation to increase the authorized capital stock of Med Gen, Inc. from 500,000,000 shares to 2,500,000,000 shares, consisting of 2,495,000,000 shares of common stock and 5,000,000 of preferred stock, which Certificate of Amendment was approved by the Board of Directors on March 31st,2006; and such other business as may properly come before the special meeting, or any adjournment thereof.----------------------------- is this old news,
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Jordan I disagree. We are in a trend reversal pattern if you look at the chart. I don't see this falling below .029 if it gets that far period. With or without news, this is trending up. Good news was just released yesterday about the settlement. Days before that, this was moving on its own.
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I don't think I should even bother drawing chart for PAIM. First it's PINK sheet. I don't do pinks. Second, chart doesn't look good at the beginning.
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