$EM1 - Emerge Gaming - Which way will the pullback go?

I might be a bit late to the party on this one, but came up on my pullback scans tonight. I have put a bid on at 018 just to join the queue but am a bit 50/50 on it. Will be watching he queue before the market opens to see if I stay or flee. I like the whole esports space and these micro pennies only have to blip and the returns can be quite good. They can also hurt so lock in stops. Its a gamble.

This is what I saw on the 4 hour chart. If I was to play it properly I should probably put on a conditional order to buy if it goes to 019 cents with a falling sell at 016 cents.

Emerge Gaming Limited, formerly Arrowhead Resources Limited, is an eSports and casual gaming tournament company. The Company operates online eSports and casual gaming tournament platform and lifestyle hub, Arcade X. The Company's GamingBattleGround (GBG) platform focuses on skill-based tournaments and matches, where players compete to improve their user rankings or status in the virtual gaming world and for digital merchandise to improve their gaming experience. The Company has over 30,000 registered users and has operated over 10,000 gaming tournaments.

Comment:

Been great so far.