Pennystock Wedgie. (ZOM)

Zomedica Corp.Arca

Description

⋅ Jul 31, 2020 2:21 AM

I will be trying to add 1% to this position around 13 cents p/share for a test on the recent bottom.

If breaks, will drop to the bottom of the wedge as we try to create the wave 5 of retracement.
Will look to add 0.5% if it does touch bottom of wedge.

This will be a longterm play with anticipation to breakout of the wedge for a impulse.

Comments

bestoch

⋅ Aug 6, 2020 9:07 PM

I agree for the word longterm .... it might be very long with this lazy one ! Probably some losing cents but there is a potential explosion right there one day

OTM.Investments

⋅ Aug 6, 2020 10:25 PM

@bestoch, yeah that's the risk that comes with penny stocks.