I got in this trade because it's the strongest OTC former runner of 2024 [21-times since 1/11/24] so you always need to have this chart up on your screen. Dip bought 8:30 $0.0045 at general support on the 15-day daily & 22% off 8:30 $0.0058 HOD. 8:30 $0.004 was LOD. Price slowly bounced. With volume fading as it approached HOD, I saw ~60k on the $0.0055 Bid so I got out & Fidelity gave me 9:10 $0.0056. Price hit 9:16 $0.0057 for ~45 minutes couldn't hit $0.0058.
SUPER SALE STRATEGY per my 2/27/21 Profitly blogpost. Dip bought 9/30 13:45 $0.005 25k 50% off 9/20 $0.0099 HOD. Price bottomed 10/1 $0.004. Added 10/9 8:30 $0.004 25k where double bottom held. Price bounced to 10/16 $0.0054-$0.0057 for 19 minutes range bound on low volume so I sold 25k 8:45 $0.0055 & 25k 8:46 $0.0057. Price hit $0.0062 at 8:57 argh!
Huge bidders on the round number cross. Took some size but no push trhough.
2 attempts both for tiny profits. I should have held the initial entry at .0046 and let it ride a little but I was smart to sell the second time as it completely failed.
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