The chart is consolidating and looks set to start uptrend. Possible could double in long term, Stop loss: 2.9
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any...
Good Afternoon all.. So I have been using Wyckoff modes phoenix ascending indicator for some time now and find it to be fairly reliable.
Seen below, there have been bullish moves whenever the green MA crosses over the blue MA. There has been sustained bullish movement when the green line rises above the white energy.. all of this analysis can be learned...
Bearish on SOS, watch for it to break support by 2-3 %. measure the distance from top of support to resistance that is how much it will run by or secure profits when you feel happy with your gains.
this chart looks a lot better on log scale, but for the sake of this longer term projection, i am off log.
btc miner play.
ps. if you come across more of these gems, do send them my way 💸
The fundamentals are good for SOS. I like the company, but the stock is shit. I believe now, because of SOS's breakthroughs in renewable energy and in their growth in mining, the stock will begin to go up. Take a look at my chart and criticize or confirm it. Thanks.
