CANAAN +90%CANAAN - Bitcoin ASIC miners manufactured from China start BUYBACK 22.09.2020. Buy now Sell level $3-4 Profit 90% Wish you luck !Longby CitdlUpdated 221
A Company With Net Loss in Successive Years - Is it a Zombie? A Company With Net Loss in Successive Years - Is it a Zombie firm? Shortby rgptk551
CAN makes ASIC minersCAN makes ASIC miners nuff said It has been range bong at 1.80 to 2 for a while - it jumped up and fell down. I think this is just a peek at things to come. Is this the bottom? i don't know. I will set low limit orders if i can. Longby altcoinnerd0
Average Price for Buyback Within 12 Months Could Be 1 USD. When they sold 13 Mio shares in July, they pumped the price from 1.80 up to 3.05. When they will start buying back (5 mio shares) from 22th Sept 2020 within 12 months what will they do, pump or dump?by rgptk110
Double Bottom formation is needed at 1.75-1.80 for confirmationDouble Bottom formation is needed at 1.75-1.80 for price confirmation and for feeling investors more safeby rgptkUpdated 111
First Breakout Completed, 2nd Breakout at 2.43 coming soonFirst breakout was completed at 1.94 (Major breakout, since IPO) Second Break out is coming soon (next week) at around 2.43 Double bottom was formed around 1.80-1.90 Weekly doji morning star was formed 5th touch at falling wedge pattern is coming which will lead to breakout at around 2.43Longby rgptkUpdated 331
CANAAN bouncing along the bottomCANAAN bouncing along the bottom just wait til it drifts lower again - this will jump when people notice what it is and its ties to crypto.Longby altcoinnerd0
On watch for a play here for *CAN*- Will be following this stock here at this point on. My plan on chart. Canaan, Inc. designs and sells integrated circuits. It offers Kendryte AI and Avalon Miner products. The firm is a developer of supercomputing chips and the manufacturer of digital block chain computing equipment as well as the supplier of overall scheme for computer software and hardware of digital block chain. The company was founded by Li Jiaxuan, Liu Xiangfu and Zhang Nangeng in 2013 and is headquartered in Hangzhou, China.by BeardedSince1
CAN looking lower still has not hit RSI of 30CAN (or CAAN) looking lower still has not hit RSI of 30. They make computers for bitcoin mining and meanwhile their competitor is doing well, and rising in price, who knows whats really going on, i do not. This should jump higher in a month or so- but it will continue fall (i think) but how much further could it go? the last lowest low I could see was 1.75 or so - if we drop after that ??? maybe to $1 i guessLongby altcoinnerd111
READY TO TAKE OFF, FIRST TARGET IS 3.12After a consolidation period, Canaan is ready to take off. Longby rgptk112
CAN a mining company that should 50x when BTC lifts offCAN a mining company that should 50x when BTC lifts off buy before BTC breaks all time high. I set limit buys for $2.01 $2.20 $ 2.30 and a market buy just in case we never see these prices again. I imagine there will be a crash this fall in all market taking CAN with it for a day and then it will lift off. Once the market crashes people will realize that BTC and GOLD were the winners and pile in. This is just like my play in RIOT and MARA see links below.Longby altcoinnerd226
COULD NOT BREAKOUT, FIRST TARGET 2.1013 Mio shares were sold, it is time for adjustmentShortby rgptk113
looks like we are going to take a break and consolidatelooks like we are going to take a break and consolidate It could go higher but i prefer to pick up more at lower prices firstShortby altcoinnerd1
PUMP and DUMPon 6th of July, Canaan informed SEC that they would sell 13 million shares until 6th of August and they sold successfully. Because they need cash asap. I wonder who dares to buy after this pump and dump operation while waiting for earnings report. "Pump and dump" (P&D) is a form of securities fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" (sell) their overvalued shares, the price falls and investors lose their money. This is most common with small cap cryptocurrencies and very small corporations, i.e. "microcaps". source:wikipediaEducationby rgptk221
First Target 2.85After a consolidation period, stock price started to go upside with a heavy volume. All leading technical indicators signal the upside move. Especially Bollinger Band is about to breakout. Sharp move to upside can be expected. Company fundamentals are improving QoQ. Longby rgptk226
Target 1.40 USD. There is a delisting risk because of the Class Action lawsuit which seeks to recover damages for Canaan investors under the federal securities laws. Canaan Sued Over Alleged ‘Fake’ $150 million deal between Grandshores one month before the IPO. There is a lot of uncertainty which causes the stock price go lower.Shortby rgptk223
Buy soon in the next month or so and maybe during the electionWhen this descending wedge comes to an end - we are drifting down in price discovery and waiting for everyone else to discover it. Sell in 2021 and 2022 during the next bull run on BTC.by altcoinnerd6
CANAAN +70%Buy now and more low price. Sell level on the chart Profit 70-110% Wish you luck !Longby CitdlUpdated 4
Potential Long Breakout with $CANThe pattern is approaching the end of its chart pattern and a minor resistance line ($2.05). Once it passes this, this stock will go up to its next resistance line. Looking at the daily chart pattern, the stock has already reached lower lows and I predict that it's time for it to go higher. The stock right now is creating a momentum/consolidating ready for the breakout. MACD also confirms this. I'm predicting, when it crosses the diagonal chart pattern and its minor resistance line, it will have a huge bullish breakout. Potential for ~$3.30. by RyZi6