Ourhotstockpicks.com- CARN – Do you see the pattern here for HUGE Gains?
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CARN – Do you see the pattern here for HUGE Gains We have been seeing a predominant technical pattern emerging with CARN since our initial alert at $0.0053 and reaching as high as $0.011 for potential 100% gains so far. Trading more than the current confirmed float of 40 Million shares, we suspect shorts are playing too and their pattern is known well here.
Looking at the intraday technical chart below shows a pattern we have been familiar with on several of our key plays like EKNL (1,900% gains) and DROP (83,000% gains) – and that is, minor profit takers are taken advantage of by MM and shorts walking down prices in the early morning. As we seen time and time again, these same MM and shorts push prices late in the day to balance out their position in effect pushing prices even higher on the day.
Now this pattern can change at any time and with anticipated new on the horizon, a breakout pattern to our discussed level 1 and 2 “blue” sky price points as explained in our weekend price valuation, can occur at any time.
When we see these early morning dips, it gives us the cue to load even more and add to our CORE position – we know where prices are headed to and even intraday traders could have even booked more than 150% gains on CARN following these patterns.
We are also on high news watch for key updates from the company. In their recent update, they hinted towards significant news to be released by the end of the month which is only a few days away! CARN has a perfect storm brewing, with many more eyes watching CARN after this weekend, news expected soon, and even month end short covering that will definitely put significant upward pressure on CARN`s stock price. With only 40 Million confirmed float, CARN`s stock price can move in a hurry towards “blue” sky breakout price points! Make sure to follow us on all our Social Media Sites for the latest updates:
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