@FortuneOptions if you actually connected the line perfectly then this would be a very bearish setup. SP wouldn't be above the line, it would be below. But I assume you already knew this...
@helloworld1976@OTCMarkets @optecintl opti mad about a lack of immediate response... thank god they don't do that to shareholders over months and months
$OPTI It's amazing how quickly they can react and get stuff done when they want to. Almost like they purposely do nothing and withhold information while the stock tanks b/c that's what they want.🧐
$OPTI
$CBDL
Huge share structures being diluted into the ground. Both broke long-term support (blue line) and previous lows (red line). Both lost me mucho dinero.
$OPTI reminds me of $RNVA soooooo much. I kept averaging down and SP kept plummeting and plummeting. Eventually I sold for a huge loss and a month later a reverse split was announced. As down as the market has been, OPTI's plummet has been entirely different (in a bad way).
$OPTI (Daily) Like clockwork, SP has been dropping significantly every 2 weeks over the past 2 months. Might want to be careful -- if pattern continues, next Monday will drop again.
$OPTI Just trying to bring some positive vibes for current SH's. Here's the daily chart w/ the ADX below it. Blue line crossing yellow line is bullish, and it just crossed for 3rd time in past 2 years. TA have failed me so far with this stock, but could be a good sign?
$OPTI (daily chart) Share price needs to break this green line and hold it for step 1 in the mid/long-term reversal process. I'll buy back in when this happens. IMO, yellow line is support, orange line is short-term resistance, green line is true resistance.
SP seems to begin a downtrend toward a new low at the end of each month. IDK why, but it's become a constant pattern the past 6 months. So I'll see how the next 2 weeks trade and reevaluate.
$OPTI I'm not for now. Downtrend needs to end. Rising to .03, .05, and .10 seems so close yet so far. I'll buy back in, but I need to see the reversal begin -- I'm done trying to guess when that'll happen. While I lost mucho dinero, I'm stress free now & that's priceless. BOL!
$OPTI I'm done talking about this stock for the week. Until their announcement arrives (if it ever does), I just don't care anymore. I'm holding for now, but I'ma spend the week looking for better stocks to put my money in. Just too frustrating.