A reverse split pump in the small cap stock market refers to a situation where a company, typically with a low stock price, undergoes a reverse stock split in order to artificially inflate its stock price. Here's how it typically works: Low Stock Price: Small cap stocks often have low prices per share, sometimes trading for just a few cents. This low price can...
A reverse split pump in the small cap stock market refers to a situation where a company, typically with a low stock price, undergoes a reverse stock split in order to artificially inflate its stock price. Here's how it typically works: Low Stock Price: Small cap stocks often have low prices per share, sometimes trading for just a few cents. This low price can...
test Recon Technology Ltd. engages in the development and marketing of oilfield equipment, automation systems, tools, chemicals, and field services to petroleum firms. It operates through the following segments: Automation Product and Software, Equipment and Accessories, and Oilfield Environmental Protection. The company was founded by Guang Qiang Chen, Hong Qi...
RCON has been on my radar ever since its 1000%+ Rally in Late 2020 & into 2021. Recon Technology Ltd. is a technology / hardware company based in China. RCON is pretty much a micro-cap company, but can offer a huge run-up. RCON has gained my attention recently as it has done a few things. 1) Daily Breakout over 9-21 ema clouds (first time since March '22) 2)...
test Recon Technology Ltd. engages in the development and marketing of oilfield equipment, automation systems, tools, chemicals, and field services to petroleum firms. It operates through the following segments: Automation Product and Software, Equipment and Accessories, and Oilfield Environmental Protection. The company was founded by Guang Qiang Chen, Hong Qi...
Recon Technology, Ltd. provides hardware, software, and on-site services to companies in the petroleum mining and extraction industry in the People's Republic of China. The company offers equipment, tools, and other hardware related to oilfield production and management, and transportation; and develops and sells industrial automation control and information...
Ready to pump after all indicators look great 1 year downtrend is about to reverse targets 1.5 to 3 or 5 long shot
above the ma50 we get a buy signal. stoch is positive. volume goes in. could be ready to fly. first position is in.
This would be an excellent place for a reversal IMO. Just sharing my trading plan for scaling into a long.
If we follow this trend line we will hit $10 by the end of August. With the shorts on it and if we have multiple days of volume like we had today (14.5 million) we could see a squeeze.
35% short on this micro cap --hold above 4.05 and turn up the heat! 3x coming
oil sector hot, eyes on RCON
formed a spring in 30 min, could also make another one
RSI around 30 and a massive price drop on Friday. Looking for a recover from the short attack. Anticipating a squeeze and targeting $7.67-$11.05 intraday.
$RCON Target 8.46 for 65.56% Or next add level is at 1.76 No Position here... Charting this for @khoshtip72 GL