ZombieStar

ZombieStar

New signs of bull rally coming for IFMK. I've drawn a road map.

ZombieStar

7M shares float. A lot of corporate restructuring. Watching the price to go past the "hard part". A lot of empty space between 1.50 and up, which is good. We don't need more obstacles.

ZombieStar

Good opportunity to buy the dip. The price gapped right into a huge support zone. News wasn't that bad... so I don't know why it gap down -40%

ZombieStar Updated 

This one should be a gap and go.

ZombieStar

Mega resistance between $0.80 and $1 $1.25 also very hard to break. However, I'm seeing block trades eating away at the ask. Only 4% of shares belong to institution or insiders-- which means they'll have to keep buying for weeks in order to have a position.

ZombieStar

Amazing things happen when almost all of the supply of shares is "off limits" to market participants. I've seen this before in other companies prior to COVID stock meltdown, where insiders continually buy their own stock until more than 90% of it is in their control. After this period of buying, they start releasing PR and the hype cycle begins. Exit when they exit.

ZombieStar

For the past 2 months, it looks like they've (insiders) been accumulating this stock. They buy a bunch; wait for price to drop, then buy a bunch. Might as well skim a few dollars while this stock is still (relatively) predictable.

ZombieStar

That's a lot of block trades. Who's buying all this? They're not even slow-mo accumulating; it looks like insiders are panic buying. Float is 18M

ZombieStar

Saw some good insider buys and this stock is also low float (19M supply) which is about half of Kodak (45M supply). It's only going to take one good news story to blow this stock into hyperspace. Trend line is perfect.

ZombieStar

Date of transaction was 8/17/2020 and 8/18/2020. Big boys taking profit and leaving investors holding the bag.

ZombieStar

This thing gaps up between 80%-40%% every month it seems like. The buy zone is consistently the .78 FIB level which I have marked on the chart. Waiting for price to hit the zone for a buy. This is probably the most predictable stock I've come across. Exploit it while you can.

ZombieStar

huge amazing wedge!! this is the third time that price has made it to $4.25. GNPX has been rejected at this price twice before. Third time is winner yes?

ZombieStar

resistance is at $4.50; past this and first price target is $10; then $14

ZombieStar

great earnings and gap up.

ZombieStar

ticker: MMFI, is the market indicator/chart that takes into account all the stocks that are above the 50MA. MMFI is currently at 70%. Once it is at 80% small caps start blowing out of the sky. At 90% line in June, small caps go 10x in a day. CDEV is probably a trash company--but the pattern looks great. The entire stock market looks like it will breakout right now.

ZombieStar

There is no news that I am aware of. The only thing interesting about this stock is the pattern. Wedge breakout; 15M float. Will go up fast if it gaps up. Target $6.

ZombieStar Updated 

This thing has float of about 17M -- which means that if the total volume is around 300M, then every person is passing around (and touched) the same shares 17 times that day. At least, that's how I see it in my mind. This is not Marathon oil.

ZombieStar

Unless something magical happens and they gap through $170, ROKU looks bearish based on past patterns.