Maybe it's the copium talking, but I have suspicion that
Here are a few points to back up my hypothesis:
-There is a massive butterfly harmonic that just completed on the 3D chart
-U.S. regulators have charged Ex-CEO Steve Ehrlich for fraud and deliberately lying about customer asset protection. Funny things always happen with law suits and bankruptcy claim.
-The stock recently broke out of descending wedge with a massive wick up to 0.2, which makes me think some bigger money is entering. Could it be the Composite Operator? Ehrlich? An activist investor? Who knows. 0.2 and 0.5 are key levels to watch historically; straight up and straight down between these areas.
-Lastly, and maybe the most far reaching point yet, there is a prominent gap on the daily @ 1.92 meaning there is some trapped liquidity up there.
The gap occurred during a weekly transition which increases the odds of it being filled from my experience. Now it could take months, even years (potentially) for
Only time will tell.
I'm letting it ride for now.
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.