LeBelleChart

Abaxx Technologies $ABXX /$ABXXF TA

Long
NEO:ABXX   ABAXX TECHNOLOGIES INC.
Notes state my thoughts on the matter. I could see price being supported by the LR mean if a roll over does occur.

There is SPECULATION that Abaxx may be awarded its clearing house license over the coming week. This may provide the catalyst to push Abaxx out of its DTL. I am holding long shares and looking to see some tight price action in the +3SD channel to set up a push up.

Abaxx is a pre-rev company and trades on the NEO exchange in Canada. It trades OTC on the QX by the ticker $ABXXF. You can expect spreads of up to 0.05. I recommend Limit Buys.

As always do your own due diligence before buying a security, especially a pre-rev one. And follow your own trading rules.

Cheers,
Luke

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