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15/05/16
18:40
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Originally posted by coppashaft
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This week will be jam packed full of expectation hands down so we can expect a break upwards early on is my call.
If we don't get news soon after that we can expect a possible dump back down to where we are now or even lower.
News flows can be one of many things.
Placement (rollout funding)
Technical issues with ROAM e
Video on ROAM e ( will be late in week if we do imo )
News from our man in Japan
News of another distribution deal ( UK/CHINA)
News on pre orders
News from TopTech
News about another Product ( possibly home automation) remember all cannons loaded
Suspension because its all Bullshyte
So as we can see there is a truckload going on with IOT and market will be in huge anticipation early on, we may get selling pressure early on but recover quickly like we have done before and go green, we may get a big spike on FOMO and have it sold into heavily making it look like a P&D and all this without news.
So imo we are going to see a very turbulent start to the week and as the week rolls on and no news I pick a sell off towards Thursday.
No news this week will probably be taken pretty harshly I would imagine and the weak hands will sell out causing those stops to come into play but we should get something even if its just an update.
GLTA
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I'm with you on that coppa.
imo we are going to have an interesting Monday arvo either following an announcement or in the anticipation of a possible announcement made on Tuesday.
I hope that management update us asap as to put to rest some of the nonsense I have been reading today
MB