PBTS is launching new solutions for connected city applications. After a fantastic rise in early 2021, it has fallen close to its all time low.
Whenever I see a lot of red, it means the stock may be at a safer level to buy, and we look for the true bottom.
It has a good analyst rating of $7.00.
That's a meteoric rise from current levels of $1.65.
I'm not sure that PBTS will again see those levels this year, as it hasn't shown much consolidations at levels of support and resistance.
However, if PBTS gets a golden cross and positive 13/30 cross, it may rise to the average, which is almost 100% higher than current levels.
www.wsj.com/market-d...BTS/research-ratings
Always be careful with position sizing and trade well.
More resources:
stocktwits.com/symbol/PBTS
www.zacks.com/stock/quote/PBTS
walletinvestor.com/s...bts-stock-prediction
Whenever I see a lot of red, it means the stock may be at a safer level to buy, and we look for the true bottom.
It has a good analyst rating of $7.00.
That's a meteoric rise from current levels of $1.65.
I'm not sure that PBTS will again see those levels this year, as it hasn't shown much consolidations at levels of support and resistance.
However, if PBTS gets a golden cross and positive 13/30 cross, it may rise to the average, which is almost 100% higher than current levels.
www.wsj.com/market-d...BTS/research-ratings
Always be careful with position sizing and trade well.
More resources:
stocktwits.com/symbol/PBTS
www.zacks.com/stock/quote/PBTS
walletinvestor.com/s...bts-stock-prediction
Comment:
Powerbridge Technologies Co. Ltd. is engaged in the provision of software application and technology solutions to corporate and government customers. The company was founded by Ben B Lor and Shiang Stewart Lor in 1997 and is headquartered in Zhuhai, China.
Comment:
PBTS has since fallen to $1.39. Word on the street is that the price is being pushed down for a later move up. We will see.
Comment:
I'll be watching and sees if it finds a bottom around $1.11