TradingView
ShowbizzTrading
Apr 1, 2022 6:42 PM

$SOS Bullish despite recent news  Long

SOS LimitedNYSE

Description

SOS recently had an offering, so i get it if you are done with the company. However, when trading with technicals , it is best to avoid focusing on fundamentals and feelings about a certain stock. I see SOS currently in a huge buy zone around $.50. RSI is currently approaching a similar level when SOS ran last year. CM Williams VIX also indicates a change in buyer sentiment, which combined with a strong support zone, can help us determine when SOS may begin to reverse within this buy zone.

*Disclaimer - I do not own or trade BTC personally. I do trade BTC related stocks and alt-coins. This is only my opinion based on technicals I see.

More