which means a revisit of the lows below $1..or it could shoot up and close at where it started the week at $1.42..
these are the 2 scenarios i see for VELT in the next day..
invest at your own risk
When you get done with that one check out the one I just wrote last month where I had to tell some clueless guy on here that there would not be any huge pop coming over 39 cents. Which he read wrong on his chart. I told him what he was reading wrong and there'd be nothing but more falling after 39 cents.Here's a qoute from it...
"Either trust me. Or watch. Either way it aint happening". My words exactly.
LOLing embarrassingly your proof you were hoping I didnt have is all pre idiot, proofed, pre posted and pre date stamped
All there (yep shrug)
LMAO @TEERANDAZ592 HA HAHA HA HA! God you people really need to pay me to teach you how to read a chart the right way. So many people try and read charts then lose money reading it the wrong way like this dude.
(shaking head) SAD real SAD
If I had been here to see it on JUL 18 I would've told the guy he was totally effing wrong and what really was about to happen. Here's some Past proof... put TECHNICALS SHOW NO RISE BACK UP TO $5. I WILL BET MY LIFE in the search box on VELT'S board. Written JAN 31 BY ME. Everything I said still happening now.
Once it clears 1.16, which, according to the intra-day MACDs, should be sometime today, it is not going to revert to its lows. At any rate, with its proceeding along an upward gradient and making higher lows, for it to revert to its previous day's lows would be impossible, absent some horrifying news. From this point on, a long position is safe till it clears 1.40.