EliteG Infinite Compound Project

[eliteG]

AMEP 5-min chart update:

looks like AMEP is getting support at the 20 ema, can it use it to bust out of the flag? i think so, lets see 

[eliteG]

AMEP 5-min chart update:

broke out of the flag, now we have to deal with the supply corridor  , a 5min close above .049 is verybullish, imo

[eliteG]

AMEP 5-min chart update:

if we cross the high it will be a intraday G-pattern breakout, then it will be time to go nutz 

[RJ]

O.K.....
sorry for the question(s)...if one were thinking of adding to a position at this juncture....would you prefer to wait for the break above the high, or go ahead in at this time ?

(Long since .019)

TYIA

RJ

[eliteG]

not really sure RJ.. maybe wait for a volume swell, the 20 ema.. but then you also risk not getting in if it does run.. but it may be the safest.  Maybe another entry will spring up.  A g-spot breakout I dont believe will hang around.. it'll just go. 

[oicpecnoc]

Just a thought.  I consider myself to be a very small time player, and I have 650,000 shares.  If there are only 302 million, consider how many actual shares are actually changing hands.  Fewer and fewer by the minute.  Eventually, the trading could turn in to "swinging for the fences mentality", or more people holding than trading.  Think about the spike when that happens.

[eliteG]

sounds good to me oic    I guess thats what we are kinda waiting on.. the crazy excitement, so far very organized as indicated on my 5min charts.  Also I think some people are waiting on good news, who knows that may be out soon.

[OneStockMind]

Ameritrade website is currently down and I cannot create trade triggers... I  have to leave for 1/2 hour and all kinds of things can happen in the meantime. You can nicely control the game with trade triggers when you can actually USE THEM! Uuugghhh!

[oicpecnoc]

I hope I am wrong about your analysis of news, but I don't think there is any imminent news today or the in the next few days.  The PR said it takes 3 weeks to get the rig up and running.  I am not sure they could put anything out in the next few days more exciting than that, but boy would I love to be wrong.  I also love the orderly nature of this climb at this time.  The selling is so minimal.  I am going to re-evaluate at .08, not until.  If you here squealing its me being the pig that I always am.  

[oicpecnoc]

Holy Crap, 3 900,000 share blocks at .05

[eliteG]

looks like a solid break of .05 oic  now if we can beat .0515 (and .0520 might be a lil tough) i think we run at least for a bit.

[oicpecnoc]

Are you bailing before .08?

[eliteG]

I actually like that target(it may be a bit conservative even) but I always sell in pieces.  I have sold a 1/4 @ 5cents 

[MarketMakerz]

AMEP_MM IS OUT!

There will be enough time to load it up in low .04s!

Happy trading everyone!

[oicpecnoc]

Thanks.  I kind of have a theory right now that what we are seeing is a few attempts by MM's to see if they can induce a quick sell off.  When it stalls, they say, "forget it" and just start munching again.