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***OFFICIAL CYDY/Leronlimab Thread*** (3 Viewers)

Doing some quick algebra.  If I could sell at 4.8 and thought I could buy it all back below 4.48, it'd be a profitable decision for every ounce below 4.48 I'd buy it back for assuming it ever rises above 4.8 again.

 
Likely can’t be shorted tomorrow though 

The SSR restricts short-sales on a stock that has declined in price by 10 percent or more from the previous day's close. Once triggered, the SSR remains in effect until the end of the following trading day. The rule applies to all equity securities whether traded on an exchange or over the counter.
Click to expand...
 
Picked some up at $4.65 and sold it off at $4.75.  Every little bit helps.  Pissed my $4.60 order didn't fill

 
Getzlaf15 said:
What are your charts telling you on CYDY?
Click to expand...
Understand - chart reading on an OTC stock with a material event incoming is...not the most reliable.

With that said - unless you are or planning on day trading most people would be best served looking at a Daily Chart Time Frame.  In that case $CYDY is in a strong bullish trend and price action today has moved it to the TOP LINE level of support (which is around $4.98).  I always think in terms of ZONES over to the penny SPECIFIC PRICE. The next line of support is around $3.85.

If you just showed me a picture of this chart...didn't tell me anything about the company involved...just the chart.  I'd say wildly bullish looking chart and it's a strong by here with an additional add at that $3.85 level.

Of course there is material event(s) on the horizon.  Those can blow up the chart - especially an OTC one.  I posted the chart on Twitter.

 
siffoin said:
Understand - chart reading on an OTC stock with a material event incoming is...not the most reliable.

With that said - unless you are or planning on day trading most people would be best served looking at a Daily Chart Time Frame.  In that case $CYDY is in a strong bullish trend and price action today has moved it to the TOP LINE level of support (which is around $4.98).  I always think in terms of ZONES over to the penny SPECIFIC PRICE. The next line of support is around $3.85.

If you just showed me a picture of this chart...didn't tell me anything about the company involved...just the chart.  I'd say wildly bullish looking chart and it's a strong by here with an additional add at that $3.85 level.

Of course there is material event(s) on the horizon.  Those can blow up the chart - especially an OTC one.  I posted the chart on Twitter.
Click to expand...
Thanks...   what's your twitter?    Kinda figured charting an OTC would be filled with landmines

 
siffoin said:
Understand - chart reading on an OTC stock with a material event incoming is...not the most reliable.

With that said - unless you are or planning on day trading most people would be best served looking at a Daily Chart Time Frame.  In that case $CYDY is in a strong bullish trend and price action today has moved it to the TOP LINE level of support (which is around $4.98).  I always think in terms of ZONES over to the penny SPECIFIC PRICE. The next line of support is around $3.85.

If you just showed me a picture of this chart...didn't tell me anything about the company involved...just the chart.  I'd say wildly bullish looking chart and it's a strong by here with an additional add at that $3.85 level.

Of course there is material event(s) on the horizon.  Those can blow up the chart - especially an OTC one.  I posted the chart on Twitter.
Click to expand...
aka #notselling

 
Cytodyn Inc (CYDY:OTCQB) 

+ WATCHLIST

Real Time Quote | Exchange | USD

Last | 3:53:39 PM EDTVolume52 week range

4.85 

-0.52 (-9.68%)

 
If I sell now, and buy back in tomorrow lower, but the "unsettled" funds from today are what I want to buy back tomorrow with - can I do that? Or is that one of those things where I get in trouble?

 
siffoin said:
Understand - chart reading on an OTC stock with a material event incoming is...not the most reliable.

With that said - unless you are or planning on day trading most people would be best served looking at a Daily Chart Time Frame.  In that case $CYDY is in a strong bullish trend and price action today has moved it to the TOP LINE level of support (which is around $4.98).  I always think in terms of ZONES over to the penny SPECIFIC PRICE. The next line of support is around $3.85.

If you just showed me a picture of this chart...didn't tell me anything about the company involved...just the chart.  I'd say wildly bullish looking chart and it's a strong by here with an additional add at that $3.85 level.

Of course there is material event(s) on the horizon.  Those can blow up the chart - especially an OTC one.  I posted the chart on Twitter.
Click to expand...
This dude is money!!!!  I believe it stalled at $4.98

 
May regret it, but I got all the way out at the end of the day at 4.99

I'm down a bit for now (less than 1k) but if tomorrow is a bloodbath, I'll be back in at a lower price point.

How can one interpret siffoin's comments to set buy limits at reasonable amounts?  Should we expect fluctuations in price between 3.85 and 4.98 until the "material event", aka tomorrow?  The closer it gets to 3.85 the better the buying opportunity?

 
siffoin said:
Understand - chart reading on an OTC stock with a material event incoming is...not the most reliable.

With that said - unless you are or planning on day trading most people would be best served looking at a Daily Chart Time Frame.  In that case $CYDY is in a strong bullish trend and price action today has moved it to the TOP LINE level of support (which is around $4.98).  I always think in terms of ZONES over to the penny SPECIFIC PRICE. The next line of support is around $3.85.

If you just showed me a picture of this chart...didn't tell me anything about the company involved...just the chart.  I'd say wildly bullish looking chart and it's a strong by here with an additional add at that $3.85 level.

Of course there is material event(s) on the horizon.  Those can blow up the chart - especially an OTC one.  I posted the chart on Twitter.
Click to expand...
Daily looks like a classic ABCD pattern, which is very bullish.

As you said though this is basically irrelevant since news will drive the price well before the chart pattern plays out.

 
adonis said:
May regret it, but I got all the way out at the end of the day at 4.99

I'm down a bit for now (less than 1k) but if tomorrow is a bloodbath, I'll be back in at a lower price point.

How can one interpret siffoin's comments to set buy limits at reasonable amounts?  Should we expect fluctuations in price between 3.85 and 4.98 until the "material event", aka tomorrow?  The closer it gets to 3.85 the better the buying opportunity?
Click to expand...
that is my question also.  I believe that's the point.  Hence my feeling that I'll jump out at the opening and wait.

 
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