I am making a conditional statement aka an if/then or fork in the experienced boiler rooms.
I have compared the recent minute by minute SP against my pump and dump database and running my custom coded macros within my LAN to determine that there are some historical P&D stocks that have mirrored the BGS SP candles very closely over the last 6-10 weeks.
Some have gone up 15,000% from current SP but others have been dumped like there is no tomorrow so there are some possible alarm bells ringing.
The 3.5 cent fork is key here:
1. If we break 3.5 every man and his dog will be jumping in on technical fundamentals
2. If it fails to challenge or break 3.5 then the 25% retrace is highly likely.
The candles are further proof of this.
It will be a very intense opening tomorrow - it could be pumped and it could be dumped.
Tomorrow will not be for the faint hearted.
GLA BGSers!
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