Hello, I think last wave of the ElloteWave is completed. Based on Fibonachi , It will be 2.65 area. If you see more up 2.65, it will be stable stock. But WBS might try to manipulate this stock price, because the company volume is size. Good Luck.
Since the R/S CTRM has dropped hard, and I suspect it is heading down to close the smallest gap I’ve ever seen but nonetheless still a gap. While it is true that not all gaps needs to be closed before price can move in another direction (all depending on the different types of gaps) this gap however I do believe will be closed. It is lined with orange color. CTRM...
CTRM-Daily Candle. I have failed my forecast multiple times for this Penny Stock. In current chart, I am posting my analysis one more. * BUY Zone : $2 for long term investment (it is very safety zone for the long term investment). Current Price : $1.43. Shorterm Forecast : Sideway between $1.45(1.50) to $1.395. Do not buy this stock, because the CTRM is...
CTRM - It is so bad stock, because it is moving down without any bad news. Even though there were showed good potential profit according to buy many vessels. So far, the company financial statement is good, because there is single Full time employee as a CEO. The CTRM take all share profit by himself anytime after RS through a fake board meeting, because CEO is...
Hello, CTRM is Bulk Ocen Service Provider. I believe it should be move up, but it is still going down. It is very dangerous area. 0.89 or 0.90 is bullish confirmation area. **** NOW.. Bearish... If you long term investment.. maybe it will give us a profit.
Buy in between 1.40-1.65 take profit up inside box. These are soley my ideas and due not constitute as advice.
Im expecting Q3 results 9-11 novemer, i think it will move like this ( NOT FINANCIAL ADVICE DYO)
decent risk reward on $CTRM as well, look for a move to 2.75-3+ in short term if we bounce off this blue support, remember to use tighter stops on penny stocks since they are so volatile. good luck!
You can really see the suppressing power of the purple line here. It squeezed and it broke out, looks to me like it's forming a good floor. My swing target would be around the $6.00 range. It is possible it could go higher if there is enough momentum. The RSI is stalling. Looking for the RSI to choose a direction.
As you can see, price action has cleared the famous purple line. And it looks to me like a really good setup right now. But do your own research, find what the bears are saying as well. This is not financial advice.
Entry and take profits in green zones, Daily candle broke over the 100 MA. What do you think? Leave a comment below.
Entry and take profits in green zones. $5 $10 $20 what do you think? Leave a comment.
I have actually been long for a while on CTRM. I added a bit on the dip lower as well. I'm convinced we are bottoming out, the pattern is pretty clear on low and high timeframes. Share your thoughts in the comments, lets see if we can get a nice discussion going. I'll make some wave updates once we get more movement up or down. Trade safe!
I'm showing this cart on the weekly time frame to explain what it is visually. Most of the things you already know about "support" and "resistance" apply. On the 4 hour chart the price has also found support on the SMA line. Crossing the purple line is bullish. The question is, will it 2x? 3? 30x? cheers.
After 6 months of nonstop drop, reverse split, common stock offering this company finally heading for a bullish direction. With rapid increase in shipping cost, good cash balance in hand, and a technical set(bullish divergence with double bottom) this stock is definitely going to run soon. In conclusion: Bullish reasonings: - Technical: double bottom,...