Not financial advice. Everything detailed on chart. 2 different directions it can currently take but I'm leaning more it come to 4.50-5ish level then 2x from there. But also can retest the 4.00 and 3.00 range as well. Risk to reward seems greater to me as I see it can go higher than really lower again. You be the judge. Getting more skin in the crypto mining game. Is it enough to propel it to a 2x. Time will tell. I'd feel it can and considering the gains from Mara and Riot I'd be even more willing to believe this has lots of room to move. Been under the radar. Support the legalizedhustler #hustlabynature #financialnostradamus #poorfromtheoutside #PFTO
SOS and EBON have ongoing lawsuits- do you think that is affecting FTFT & CCNC as blockchain companies? Just an interesting synchronicity between these 4 companies.... thx!
ThinkLikeaWhaleTLAW
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@msfairym,
Im aware of the SOS lawsuit. Not familiar with the Ebon Lawsuit. I do know a report came out detailing Ebon as over advertising theirselves and potentially lying to investors.
As for SOS the Lawsuit against them. Not sure it has alot of ground. It's the same Law firm that sued Serrano Theraupeutics and it was pretty much a wash of a lawsuit. So have to see how it plays out
But your assessment seems to be spot on. The correlation between Chinese companies and americans getting duped into the Pump and Dumps is starting to be a pattern that constantly repeats.
So on that note your point is completly valid.
For time being maybe buying this stock with limited exposure at say the 2.89 and minimal investment maybe could pay off.
As it stands I like SOS at the right price. It's still needs to do some more correction and hold 4.00 but it's heavily shorted at 235% and could provide some gains.
Thank you for your post. I enjoyed your insight and apprecative of it.