Looking at the market profile or trade summary shows the Volume Point of Control is 2.9 to 3.1 with 3 most volume on the Monday 14th rise upwards. Next highest volume below this is 2.4. Next above this 3.5, then 3.8 and 3.9c on Tue 15th. Today shows most volume at 3.7c and 3.1c.
My take is price will tend towards these highest volume levels soon. Eventually break out past the recent high.
With the milestone being for 50 different company agreements- profolic news ala 1PG and similar market cap of NASDAQ listing type criteria will be expected by the market and priced accordingly.
Mcap should be better than POK/BUD at its peak as this company has it. Definately a buy the dips. 50% of recent upmove at 2.9c. Could easy expect an open tomorrow much higher towards the next VPOC of 3.5c which would not be a gap.
chart discussion, page-153
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)