Chart Self-Explanatory- On the weekly, 3 time touch down on this trend line. Also, lines for a second large movement up as BTC continues it's bull run.
SOS is sending out distress signal (S.O.S). The stock looks to be in bottoming process but still too early to tell.
You would want to see stabilization between $1.62 and $3. $1.62 is a strong support area. Breaking below $1.62 would be bearish.
If you zoom out the chart you can take Jan, Feb 2021 price action as dead cat bounce. Which looks quite bearish.
I...
SOS closed above its' 20 and 50 day EMA while closing on a bullish 16% candle that broke out from a falling wedge. MACD and RSI currently confirming the bullish divergence that started taking place late May of this year.
SOS has fallen since the beginning of the year (March/April) with a lot of small caps. I like the risk/reward here since. $2.4 should be a resistance level that could then act as support leading into the rise to $3.1+. Stops can be between $2.00-2.10 depending on risk tolerance. Be careful with small caps from now until the end of the month. Last year there was a...
look here ya"ll... this is a drop drop... this time horizon is long.... How much did you invest in this?
Yo! If you have DD drop it in the comments for our friends.
Lets DEbate!
SOS showing bullish divergence on multiple oscillators on a major time scale, at a critical inflection point inside of a Falling wedge.
This is a BTC miner play, and its success will depend on the continued BTC rally.
Q4 is upon us and that is generally an excellent time in the crypto markets (and oftentimes facemeltingly insane). SOS has been beat down pretty bad over the last few months offering a great entry for longs. 2000 shares bought @ $2.06 after daily RSI hit oversold, a doji reversal on the daily candle, and will look to enter calls on the higher high over $2.28...
SOS looks to be in a continuation pattern which could indicate a move to either the up or downside...
There seems to be very strong support in either direction, hence the triangle. Let's watch for direction or more continuation.
Hello, Traders! I have come across an interesting opportunity today.! SOS looks to have formed a solid demand zone near $2.25-2.50.. There has been a lot of speculation behind this company in the recent year and had a massive dilution in shares this year.. From about 24 million shares to 184 million shares roughly. The company has not released an earnings report...
SoS is a big tease... the crypto drop probably carried this lower as we came out of the weekend...
Anyone think this is a buy point?
I see a head and shoulder pattern....
BTC is trading above $52K and SOS Limited looks ready for a run.
Long mostly shares, with some NOV $3 calls.
Bullish curling on the Williams Indicator and Bullish MACD crossing incoming.
