This stock is pretty awful for investment, but still worth a small trade in my opinion. I was watching that gap to fill at .53 which it did and then went passed it. I started buying around .50 +/- and built a small position. Not financial advice, DYOR.
I'm a big fan of today's 50% capitulation dip on EJH today. I could see it running to .88ish over the next couple of days/week(s). This is high risk. Its a chinese stock that has not had its earnings report, recently replaced its CPA, is on its 2nd reverse split and is trading below $1 and could potentially get delisted.
Sharing a high risk trade that could essentially 2.5X from .285 to .78ish. This is a chinese home service company with a 7 million market cap that has reverse split its stock twice with poor financials. I WOULD NEVER hold this stock. I like this trade because candles and indicators are rounding up on high timeframes. Volume is picking up and is nearing 2...
Down we go some more on the impulse. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere...
Rationale: EJH is currently trading at $0.25 representing a significant value ratio with regard to its underlying operations. Revenue growth YoY has increased 61%, representing its efficacy in retaining net revenue. Shares sold short jumped to 14% of shares outstanding. I believe that it is 1,) Currently undervalued based on fundamental analysis 2.) In a prime...
Bullish divergence on daily and weekly money flow oversold rsi going to zero or a dollar soon
A couple of things about EJH that will result in the the position going back up to a reasonable level of between $8-$12 in the near future. This is not going to be highly detailed but will give info that I think is relevant 1. All the downturn was on no news..or no news with the company. It just cratered. (To be clear my average position is $3.98) Why? Well it is...