CANAAN - Bitcoin ASIC miners manufactured from China start BUYBACK 22.09.2020. Buy now Sell level $3-4 Profit 90% Wish you luck !
High risky coin Minig play. Daily showing bullish divergence.
A Company With Net Loss in Successive Years - Is it a Zombie firm?
CAN 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.
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?
Double Bottom formation is needed at 1.75-1.80 for price confirmation and for feeling investors more safe
First 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 2.43
CANAAN 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.
- 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...
CAN (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...
After a consolidation period, Canaan is ready to take off.
CAN 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...
13 Mio shares were sold, it is time for adjustment
This co. will benefit from crypto bull run.
looks like we are going to take a break and consolidate It could go higher but i prefer to pick up more at lower prices first
on 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...
After 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.