been taking a look at the CM_SLING SHOT SYSTEM on tradingview-and here we see that the trend is still up for this stock although the price is down. Just seems to be another confirmation to go long. and if you have not checked out this strategy it is pretty cool.
OHRP hasnt moved really in the last couple of days. It has dropped a few pennies more, but the Elder bulls shows that that the trend is up. The bears are loosing ground and it may be only a matter of time before this moves up. Still worth watching, buying or holding?
I dont usually trade penny stocks- but when a stock crashes 80% in one day that is over reaction. The volume is insane on this stock=20M for an average of 640k. WHile the profit for the short sellers was 80%, we going long are now offered a chance to make 40, 200 or even 1700%. see graph.
Stock is way out of the Bollinger bands showing that the stock is oversold....