Interesting read, this thread shows how the newbie gets sucked in (newbie being me) Read a few articles in papers and magazines about this share and how great the company is bla bla bla... just as I was starting to look at the share market. So me being me bought a few at $0.66 and ever since have given up on the stockmarket...
Now have a little more interest again and have been still watchin this share with a lot of disgust over the last 12 months. I have now managed to average down the value of my shares to $0.441.
I am now thinking I am starting to see a up trend, and thinking of bying some more to bring my average down to about the $0.10 mark.
Are we seeing a up trend with this share???
Or is it just a little lump in its down ward run??
what do you guys who follow this share think of its current spike in price???
Is everybody happy ?
I see lots of potential overhead resistance
But continuing good news can render resistance futile
very quickly
at micro-micro caps
cycles are that close to each other
that the "Primary Trend" is almost "The Speculative Trend as well )
14% x 1 chart is a speculative trend chart
But where all other cycles have resolved atm
At important potential breakout level
This IS possibly The GROUND FLOOR ( give or take 14% )
motorway
The price
overshoot is of particular interest as it measures the excess price move . It is used as a market activity quantifier.
Their patent on the encryptor granted in Australia only, but that's a start. Stock moving nicely today. I bought 80,000 more to average down to $.268.
Do we see a breakout starting here?
just needs $0.01c more movement and I will be a happy man, only taken 9 years...
My advice is get to know the tech/a side of the sharemarket that way your not waiting nine years again to make a coin!
DYOR but i think you will be very happy during the coming week ;-)
All the best
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