Thanks for the charts, and the explanations Depresso. I'm a...

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brassmad

1,563 Posts.

11/05/16

17:08

Post #: 17738734
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Originally posted by Depresso ↑

If we can put the immature childish talks aside, The market is extremely volatile and the stock was bouncing around the levels of overbought and over sold, If the HK presentation goes well that will still not impact our market alot,

Yes we'll see some investments coming in but the maximum price high for the day would be 14 or 15c because it takes more time for people to find than we think.

Today IOT went through a healthy retracement, it bounced at the perfect 38.2% fib retracement on 12.5c. So we're on safe side for now

If we look at the daily point and figures, We've passed the period of fall and there should be a green day coming up tomorrow or day after tomorrow

Since HK presentation is taking place right now, there is a good chance for market sensitive annoucement to come out tomorrow and volume will flood in.

DYOR

ps: guys please, lets not talk in a childish manner, its not helping anyone

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Thanks for the charts, and the explanations Depresso. I'm a newbie to HC and hoped I would be able to get information like this to assist my development in the market.
Just one question, if I may.... Could you advise how you choose the position of the zero point for the fib?
thanks

IOT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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Thanks for the charts, and the explanations Depresso. I'm a...

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