PDXP - Possible LONG breakout

Positive Indicators
- Higher than average volume in recent months
- Solid resistance line at $0.015
- Candles will likely break through 13-day EMA resistance in first week of February

Negative Indicators
- Overall trend is clearly Bearish
- Stochastic RSI indicator has been near overbought for nearly 2 months
- Must break through additional resistance line at $0.009

- If the market creates enough buying pressure to break through the triangle resistance line, the 13-day EMA resistance line, and the $0.007 resistance line, it will very likely shoot up to $0.015 or possibly beyond in the 1-3 days following the breakout

- Buying in and selling off using dollar cost averaging and stop losses as a method of mitigating risk
- Only investing a max of 10% of total capital
Typo in my initial assessment above. In the "Negative Indicators" section I meant the resistance line is at $0.007. This is confirmed in the "Hypothesis" section, and in the resistance line drawn on the chart. My apologies for the typo.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out