Hello everybody. Today we are looking at OTC Stock TCEL. First, using the Bollinger Bands to find the resistance points in our channel (shown with orange arrows) we can see that we have to get enough buyers to break the .0010/.0011 area to continue moving up. If we succeed then I believe .0015 will be our next major resistance. Once above .0015 TCEL has a lot of room to run and can run hard. However, if things go south and .0005 gets broken then the party could be over so be careful.
Despite some dumps today TCEL still managed to close at .0007 and is still showing some nice volume. Our indicators are still pretty bullish as well. Lets hope this uptrend continues and turns into a nice run. GL to all and hope we can all make some $$$$ on this one. (FYI I am using Heikin Ashi Candles)
TCEL TCEL LOOK AT THE TAPE its not dumping its pure manipulation by a group trying to load cheapies and market makers holding it down. FINRA CUSIP change causes all short positions all naked short positions all positions in general to be closed and accounted for as the TCEL shares will never be traded again the new ticker symbol uses new stock. so if they do not close out then they automatically close so they have been doing everything they can to prevent this from running. my theory is the market makers naked shorted the whole float from the last pop as a reverse split was announced the figured this stock would be dead so they opened positions at .0002-.0003 range. they were not expecting a press release to cancel RS and they def were not expecting 400+m .0003’s to get bought in less than 3 minutes and pps ti jump in minutes from .0003-.0006 i would estimate the market makers are in the hole 1.6m thats after subtracting the covering and daytrading trying to get money back. basically any trader would be stupid to sell in this situation if everybody that bought that first day and held this would be at a penny right now. if you look at the tape it says it all. you can clearly see the blatant manipulation market makers are doing and on TCEL its ugly NITE MAXM CSTI GTSM OLMN OTCX are all working together doing coordinated dumps you can see on the tape ever since july 14 there has been coordinated signals disguised as cross trades 37,500 etc to signal to sell down this right here is a major SEC violation. so combined with big groups trying to load up cheap for the run and MM’s trying to push pps down it looks as if its dumps but its not....over half the float is locked up by traders that know whats going on. if nasdaq traders get whiff of whats going on here and they come in and make MM cover their naked shorts we will have a squeeze that will be very memorable. at $0.002 MM will be in the hole 3.6m
$0.008 14m
$0.01 17M
thats counting in them day trading it the best they can to cover
all this needs is big money or nasdaq boys to come in n push hard and fast catch the mm offguard same way 3-4-5’s were took someone needs to come in n clear .001’s with one huge slap then clear .002’s with huge slaps n this baby will then be in squeeze mode
$0.008 14m
$0.01 17M
thats counting in them day trading it the best they can to cover
all this needs is big money or nasdaq boys to come in n push hard and fast catch the mm offguard same way 3-4-5’s were took someone needs to come in n clear .001’s with one huge slap then clear .002’s with huge slaps n this baby will then be in squeeze mode