wujo

AQB trying to find its footing

Long
NASDAQ:AQB   AQUABOUNTY TECHNOLOGIES INC
NASDAQ:AQB

AQB just raised some money through a public offering. $6.50 per share.

https://www.globenewswire.com/news-relea...

It didn't seem to be a lot, which is good and bad news.

Bad news is people started to react and took profits. Good news - high chance of another offering in the future, where they more than likely are anticipating a higher $$ per share.

Based on action over the last few days - MACD about to cross and lower volume , I think we'll still see a dip. Hoping we find support at the SMA20 and start seeing consolidation for another run up.

I'm in around $10 and will buy shares if we stay above the SMA20 and are in the $8 range.

First sell target is $12 and then will see how it runs.

LFG!!!
Trade active: Here fishy fishy. Feeling good about this upward movement. We may be retesting $10.20 soon and then $11.

Watching to see what happens over the next few days.

LFG!
Trade active: Following the trend as I suspected. I will reduce my position at $12 to lock in some profits but will be letting this sucker ride for a bit.
Trade closed: target reached: Hit the $12! Onto the next one!

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