Might break triangle pattern in the short term to the upside. Possible better entry point at around $7.50 but personally wouldn't wait for it. One of the few listed Bitcoin miners that retaliate strongly against short attack and news releases Has actual video evidence of Bitcoin mining facility Undervalued at the current price compared to MARA and RIOT due...
Looks to me SOS will gap down on Monday to finish head and shoulder. I believe this will be last drop before taking off back to $9, where it most likly create C&H and shoot to 10. Bitcoin weekend pullback supports this idea. Note bitcoin is in pennant so most likely SOS will reach $9 by Wednesday and will follow BTC on the way down once more (C&H), if it holds $8...
Bit of a slow day in the markets today. + BTC down 5% The trend still follows and we have yet to hear news on the 3rd set of mining rigs. Oversold today (-10%) so expect there to be a bit of a rebound tomorrow if everything is perfect. I'm still holding long on this stock. We can't expect crazy things to happen within the next month but we sure as heck seeing...
I wonder with potential for bitcoin to boom over the weekend if this play will have some affcets of that.... A lot of speculation on this one....
SOS ARE LOOKING GOOD WE GOT THAT BOUNCE FROM 6,63.WE ARE STILL LOOKING BULLISH
With Morgan Stanley accepting bitcoin payments under certain requirements, bitcoin will see many green candles. With SOS being a sympathy play I see huge potential with this stock. Also the short float on this stock is very high, able resulting in a possible short squeeze. This stock is very volatile so be careful, but I see a huge upside.
no position currently, but interesting look here. short report and btc weakness beat it to death. it's hanging onto daily support. i would be long for a bounce above 5.67 and a ride to 11.30. if we break below the purple cloud, we could see 2.27
we need a bounce on 6,63 if we want to look bullish and we need more buyers
2 reasons why 1 reason to be unsure
NYSE:SOS Im still bullish on SOS. Anyone have some thoughts. BTC is a big factor recently so as long as btc goes up sos goes up IMO.