Hi Everyone! Based on what we are seeing still in higher time frames (explained in the video) we must conclude we are still in distribution. The highs and lows we have seen over the past several weeks do not necessarily look like accumulation to me. It looks more like distribution events to me (explained in the video). If we are in fact still in Distribution, our next Sign of Weakness would be expected to be around the $0.30 to $0.33 cent area. Yes, it's possible to "wick" down to $0.25 to $0.24 cent area.
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UPDATE:
2021/2022 Distribution Scheamtic:
LOCAL Distribution or Accumulation (We don't know 100% for sure if we are in accumulation or Distribution.):
Since you have held onto your entire bag this long, I would not sell all of it. You could consider selling PART of your bag. Maybe 20 to 30 percent to have cash ready for a potential drop.
saynab44
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@WyckoffMode, Hello sir, I just checked, I actually sold 50% at 80-90 cents. and kept the rest, and my average price is around 0,08 pence. sorry for the initial confusion.