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MyMIWallet
Mar 15, 2021 4:54 PM

POWW Breakout Stock Alert Long

AMMO, Inc.NASDAQ

Description

BREAKOUT STOCK ALERT
POWW - AMMO, Inc. - Common Stock
Initial Alert Price: $6.15
Potential Price: $8.94
Potential Gains: 45.37
Stop Loss Limit: $


POWW is currently showing signs of retesting the $8.94 Levels of Resistance going into the next few days. Anywhere between $6.00 - $6.20 is a nice buy zone. This buy zone was created from the company announcing a 100M Stock Offering at $5 to access more liquidity, allowing for the potential to hop in to this trade for a great for a great swing trade but also a longer term hold. ith a Democratic Administration, we typically see strong movements in the Firearms Sector. Looking for a 40 - 45% Swing on the trade.

The company is currently not showing any fundamental information at this time to provide a better forecast for the long-term hold. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
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