Weekly bullish bat harmonic, confluent with listing price. Reading yahoo finance comments section of this stock reveals the nature of emotional devastation investors feel when buying pumped prices only to watch the stock bleed out. Maybe this catches an impulse reversal here, it looks dicey. Earnings coming out in about a week or two, the company is dependent on...
Right out of the gate I want to point out that if you are not a user of stop losses or alerts then this trade is probably not for you as this is an illiquid asset which carries much risk.
With that being, said if you are disciplined and experienced, then we have a very intriguing trade setup here in Hello Pal International. A stock with a very low marketcap that...
This Descending triangle looks like we should see a bottom at about 70 cents. looking at the triangle it should have a breakout around 20th of July. The earnings update may also speed up the breakout if they have another phenomenal month/quarter. Based on the past it may be around the 10th or so. If this is the case the breakout price should be around 75...
This is the only publicly listed DOGE coin miner. Needless to say this is a speculative play but could benefit from all the hype surrounding DOGE at the moment.
HLLPF it will drop before going higher - not financial advice just a hunch
Using the FIb retracement I came up with these numbers due to weakness in the volume.
Bullish Pennant (88PC)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
200MA ascending
250RSI above 50
Target:
PT = 3.49$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is...
Bullish Pennant (84PC)(OTC)
Pros:
Volume during post formation
Descending volume during triangle formation
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
200MA ascending
250RSI above 50
Cons:
OTC market
Target:
PT = 2.79$
Help how ever you can to keep this alive.
Thank you to those who have donated...
Bullish Flag, confirmed (OTC)
Pros:
Post forming with volume
Descending volume during flag forming
Volume at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 6
200MA ascending
Cons:
No data for 250RSI
OTC market
Target:
PT = 1.1654$
1000 Followers! Thank you all!
Thank you to those who donate...
Bullish Flag
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 8
250RSI above 50
200MA ascending
Target:
PT = 1.365$
1000 Followers! Thank you all!
Thank you to those who donate Coins!
Stay Humble, have fun, make money!
![HLLPF: Hello Pal Huge Trade Potential [PENNYSTOCK]](https://s3.tradingview.com/a/AbH2kWWQ_mid.png "Hello Pal Huge Trade Potential [PENNYSTOCK]")
