tripple macd bullish divergence and joe biden wants to ban guns. this will skyrocket ammo prices again.
POWW, daily/4h, Daily shows triple hidden bullish div on MACD / RSI, and 4h shows the potential seller exhaustion. Double bottom near $6 at PCZ of bullish bat drawn at candle closes instead of wicks.
BREAKOUT STOCK ALERT $POWW - AMMO, Inc. - Common Stock Initial Alert Price: $6.15 Potential Price: $8.94 Potential Gains: 45.37 Stop Loss Limit: $ POWW is currently showing signs of retesting the $8.94 Levels of Resistance going into the next few days. Anywhere between $6.00 - $6.20 is a nice buy zone. This buy zone was created from the company announcing a...
I know we are in ammo shortage but can't buy it if it's not on the shelf. Growth is good but burn high. H&S setting up as I see it.
BULLISH BAT price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL BUY
This stock has had two nice big moves up before cooling off. This was a classic don't hold through earnings, expectations running very high carrying a lot of risk. Now that the dust has settled, boredom has set in. Bouncing off the 50 RSI is nice, I wouldn't want to own it under it. Chart - right on its magic line / moving average - tight closes on very low...
retest support coming from continued profit taking, no speculation as to what happens from that cool off period
Entry price : 6.01 Fundamentals : - Sector: Defense - EPS % Chg (Last Qtr): 39% - EPS % Chg (Previous Qtr): 25% - 3 Year EPS Growth Rate: 0% - EPS Est % Chg (Current Yr): 0% - Sales % Chg (Last Qtr): 293% - Sales % Chg (Previous Qtr): 116% - 3-Year Sales Growth Rate: 78% - Annual Pre -Tax Margin: -99%
$POWW #tradeidea + 4th Quarter Fiscal Year 2021 Guidance Reflecting a 317% Year-Over-Year Revenue Increase + This is the fourth straight quarter of year-over-year triple digit growth + interest in more guns and bullets stocks with political uncertainties + ammo technology leader + 306% sales growth last quarter + entered into a significant import/export deal news...
Bullish Pennant, awaiting confirmation Pros: Descending volume during formation Volume during break out (Big) PPS above 50MA and 200MA RS above 0, and ascending ATR Ascending Golden cross circled in blue R/R ratio above 7 250RSI above 50 200MA ascending If confirmed: PT = 5.36$
Poww seems to be making the bullish pennant pattern. Will consider getting in, but not sure.
Seems like a speculative play but it is very attractive as ammunition is needed for guns. With United states being a huge gun ownership country i expect this stock to go up. recent news that they have over 130 million dollars in back orders. will wait for a pullback to get in as it went up too fast.