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Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...
I have no position in this, but am keeping an eye on it. Time is running out on PKKFF and it should do a strong move soon but entering here is a gamble. -As the daily hull (highlighted) starts to crash into the price, it acts as resistance. -I see a pennant forming with the channel top as the resistance, likelihood of this being bearish is higher than a bullish...
Could see 3.76 if 6.00 doesn't hold. Could see 11.00 if we finally list on NASDAQ. We will see, magic 8-ball says "ask again later"
(1) Daily Demand zone Broken= Supply > Demand + Increase in Volume (Selling) iccw declining OBV (2) Weekly Demand zone + 2x Legit Renko Support Line (3) Decending Trendline still Legit (4) RSI --> Oversold (Demand W Legit for bounce?) (+) Support at Falling Wedge pattern, weak(?) Conclusion: PA ≈ Volume --> Legit move (down) Price Tgt #1: $3.51 (High) SL:...
This is where Technical Analysis and strong company fundamentals collide. CSE:PKK has their strongest quarter incoming (Q4) which is expected to surpass 2020's revenue in it's entirety. This, combined with a NASDAQ listing, and other unknown catalysts should result in powerful capital market results. More on the double bottom pattern: "The double bottom...
Following a rocky start after an uplisting and delisting from NASDAQ, PKK has been checking all the boxes in every other metric and has been hitting it's bull flag targets since the first run from 35 cents. Despite the pullback after losing the NASDAQ listing, we retraced only a little more than the historical 57% after every bull run and the hit we took after...
After Bearish trend and slight adjustment it is expected that a bearish trend would follow. Long strategy would be appreciated.
WEEK OF 30NOV: PKK has been on a tear despite missing ER guidance and we are officially at a place nobody expected to see for about a year. Has already demonstrated interaction with our important fib lines (0.618 and 0.236). It has achieved every bull flag target while I have been watching (73 cents and 98 cents) and is flagging $2.66 on the daily chart (hourly...
Company Name: Peak Fintech Group Inc. Stock ticker: PKK (CSE) / PKKFF (OTC) *** Plans to change ticker to TNT after NASDAQ uplisting Sector: Technology Industry: Information Technology Services General Business: - Parent company headquartered in Canada, has a group of subsidiaries operating in China's commercial lending industry. - SME's in China...
Bullish Flag Pros: Descending volume during formation PPS above 50MA and 200MA RS above 0 ATR Ascending R/R ratio above 9 200MA ascending 250RSI above 50 Cons: RS Descending PT = 5.100$
PKK Technical analysis. PKK is trending up. Bought at support.
PKKFF is reversing on the 30m support line in an upward trend. ***Not a trading advice - buy or sell at your own risk***
Risk: 2600 pips Reward: 21000 pips Adjust risk based on strength of downtrend, if it plays out.
Looks like the corrective structure is over, so i expect a drop. But if its not over yet then it will be a break even trade for me. Expect my updates.
Bullish Pennant,Confirmed Pros: Descending Volume during Formation Volume at break out RS climbing and above 0 PPS above 50MA and 200MA 250RSI above 50 ATR Ascending 200MA ascending R/R Ratio above 6 Target price: PT = 2.505$
This green ascending line could be support support. If holds this green line after earnings around Nov 26, 2020 then start buying a small position. The potential head-and-shoulders mark-up reminds us that this penny stock is very risky and should be traded carefully. However, I'm overall LONG. -All the best, Carmando